SA small business turnover up 9 pct after govt eases Covid-19 restrictions

The further relaxation of Covid-19 restrictions by South Africa's government to allow more economic activity to resume after a nationwide lockdown has led to a nine percent improvement in turnover among small and medium enterprises, a survey released on Friday showed. small business financial platform Yoco's Small Business Recovery Monitor showed that as of August 27, turnover was at 80 percent versus levels before the outbreak of the coronavirus in South Africa, which saw the government impose a 'level 5' down lockdown, shutting down all but essential social and economic activity from March 27 to try and curb transmissions.

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