S Africa extends lockdown by two more weeks; top execs take 30% pay cut

Image
Press Trust of India Johannesburg
Last Updated : Apr 10 2020 | 4:10 AM IST

South African President Cyril Ramaphosa has extended the 21-day, COVID-19-led national lockdown for another two weeks.

Ramaphosa made the announcement on Thursday evening in a national TV broadcast as the country prepared to start the third week of the initial lockdown that would have ended on April 16.

The president also said the Cabinet and top management in government would take a one-third pay cut for the next three months to assist the Solidarity Fund.

"There is sufficient evidence to show that the lockdown is working," Ramaphosa said, saying that the pre-lockdown rise of infection at a rate of 42 oper cent has come down to four percent after enforcing the measure.

But the struggle against the coronavirus is far from over. We are only at the beginning of a monumental struggle that demands our every resource and our every effort.

We cannot relax. We cannot be complacent. In the coming weeks and months, we must massively increase the extent of our response and expand the reach of our interventions, Ramaphosa said.

Cautioning against the abrupt withdrawal of the lockdown, the president said, "If we end the lockdown too abruptly, we risk reversing the gains we have made in the last few weeks."

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 10 2020 | 4:10 AM IST

Next Story