The KwaZulu-Natal economy is expected to shrink by about 8%, while unemployment is expected to hit 27%, according to premier Sihle Zikalala.
To mitigate this, Zikalala said the KZN government is strengthening the social safety net for the most vulnerable members of the province and also removing red tape to ensure swifter economic recovery.to contain the spread of the virus, they are working on an economic recovery plan and supporting local enterprises to access national relief funds.
"The KZN Growth Coalition, comprising labour, business and government, has raised significant financial and non-financial support to mitigate effects of Covid-19."issuing permits rather than complicated business licenses;support for spaza shops in townships and rural areas.
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