President #Ramaphosa: No penalties for late payments will be applicable if they can show they have been materially negatively impacted in this period.
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President
#Ramaphosa: As I have said previously, if we end the lockdown too soon or too abruptly, we risk a massive and uncontrollable resurgence of the disease.Show this thread
President #Ramaphosa: We will therefore follow a phased approach, guided by the best available scientific evidence, to gradually lift the restrictions on economic activity.
As we do so, we remain firm in our resolve to contain the transmission of the virus.
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#Ramaphosa: We will therefore need to act with agility and flexibility in the weeks and months ahead, and respond to the situation as it develops.Show this thread -
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#Ramaphosa: On Thursday, I will address the nation on the measures that will be taken beyond the nation-wide lockdown to re-open the economy. This crisis will not last forever, and the day will come when these measures are no longer needed.Show this thread -
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#Ramaphosa: Until then, however, we must ensure that all of our people receive adequate support. The scale of this emergency relief programme is historic.Show this thread -
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#Ramaphosa: It demonstrates that we will not spare any effort, or any expense, in our determination to support our people and protect them from harm. We will – and we must – do whatever it takes to recover from this human, social and economic crisis.Show this thread -
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#Ramaphosa: Our country and the world we live in will never be the same. We are resolved not merely to return our economy to where it was before the coronavirus, but to forge a new economy in a new global reality.Show this thread -
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#Ramaphosa: Our economic strategy going forward will require a new social compact among all role players – business, labour, community and government – to restructure the economy and achieve inclusive growth.Show this thread -
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#Ramaphosa: Building on the cooperation that is being forged among all social partners during this crisis, we will accelerate the structural reforms required to reduce the cost of doing business,Show this thread -
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#Ramaphosa: to promote localisation and industrialisation, to overhaul state owned enterprises and to strengthen the informal sector.Show this thread -
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#Ramaphosa: We will forge a compact for radical economic transformation that ensures that advances the economic position of women, youth and persons with disabilities, and that makes our cities, towns, villages and rural areas vibrant centres of economic activity.Show this thread -
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#Ramaphosa: Our new economy must be founded on fairness, empowerment, justice and equality. It must use every resource, every capability and every innovation we have in the service of the people of this country.Show this thread -
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#Ramaphosa: Our new economy must open new horizons and offer new opportunities. Over the past month, South Africans have opened their hearts each other. Even at this moment when such great sacrifice is demanded of us, we look to a better future with optimism.Show this thread -
President
#Ramaphosa: Even as we find ourselves at a moment of great peril, even as great sacrifices are demanded, even as we dare not allow our vigilance to waver, we look ahead to a better future.Show this thread -
President
#Ramaphosa: I have faith in the strength & resilience of ordinary South Africans, who have proven time and time again – throughout our history – that they can rise to the challenge. We shall recover. We shall overcome. We shall prosper. May God bless South Africa.pic.twitter.com/bYytNuej4s
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