Since the onset of Covid in 2019, businesses around the world have had to pivot, change direction, change course and adapt to the new normal. This has had seismic effects on services, staff, structure and sustainability.
Daily Maverick 168 weekly newspaper.
The National Income Dynamics Study Coronavirus Rapid Mobile Survey revealed that of the three million South Africans who lost their jobs between February and April 2020, two million were women. Pat Magadla, senior business development manager at Old Mutual Investment Group, says this is particularly a risk for single-income families in South Africa, who are most likely headed by a single mom. “Not only are women at a serious economic disadvantage to start with; single mothers in particular also shoulder enormous responsibility for the wellbeing and financial security of their families – with little or no help,” says Magadla.