The impact of the shutdown in the South African economy

Abstract

The global economy has been affected by the scourge of COVID-19, the pandemic came at a time that was not expected by most countries in the world. The economy of developing countries has been more affected by the less movement and the shutting down of businesses and the economy. South Africa is not immune to the global economic crises caused by the pandemic. The public suffering has led to stringent measures to stop the spreading of the pandemic. The president of South African decided to shut down the country on the 26 March to stop the infection rates. This article will focus on the impact of the shutdown in South Africa and the role of the Sustainable Development Goals (SDG). Further, the National Development Plan vision 2030 (NDP) will be discussed about the disturbance of the plan caused by the COVID-19 pandemic. The socio-economic impact on public services and businesses in South Africa will be analyzed and discussed. This study applied a secondary research methodology which is normally known as desktop research. A combination of journal articles, newspaper reports, various meetings reports, and reports of economic experts in different platforms was utilized.