The popular protest slogan "People Before Profit" is being heard louder than ever, given the impact of Covid-19 on economies across the world.
The pandemic has triggered a global financial apocalypse not seen in 150 years, says the World Bank - the body further points out that 90% of the world's 183 formalised economies would go into recession this year.
At a government level, the impact has already meant compromises.
Our South African government, which has so far succeeded in not asking the International Monetary Fund (IMF) for a loan, is in the throes of considering inking a deal worth more than R70-billion as the pandemic and its repercussions have placed constraints on our economy, coupled with structural reforms over the past 25 years, not forgetting the legacies of inequality which still more than linger.
Let us hope the IMF caveats do not impugn...
