Market Intelligence Reports

Quarterly Global Market Report Q4 2020

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71 November, 2020 South Africa Global: 58 Availability: 60 Cost: 27 Regulation: 56 Productivity: 53 2020 Global TWI Ranking (out of 76) 2020 Regional TWI Ranking (out of 40) Region: 35 Availability: 38 Cost: 12 Regulation: 33 Productivity: 26 Remote Readiness 33 Remote Readiness 50 $15 billion USD has been spent on the Covid-19 response. The key measures to support jobs and livelihoods include: • Increased healthcare sector jobs • Enhanced unemployment insurance benefits and a grants for the unemployed that do not receive unemployment benefits • Food and financial transfers to vulnerable households • Reduction in the skills development levy and tax subsidies for lower income employees • Additional support for industries and SMEs that have been impacted • Employers are being encouraged to hire young workers with the Employment Tax Incentive Scheme https://www.imf.org/en/Topics/imf-and-Covid-19/Policy-Responses-to-COVID-19 South Africa allows travel based risk level of the country of the trip origin. Countries with higher levels of infection than South Africa are considered high risk and leisure travel from these countries is not permitted – there are exceptions to this for highly skilled business travellers. A negative Covid-19 test result is required. Reintroduction of lockdown measures are being discussed on a regional basis. 5.3% 4.7% 0% 20% South Africa Regional Ave. % of GDP South Africa Q4 2019* Q4 2020* % Change YOY Total Workforce 22.70M 21.22M -7% Unemployment Rate (%) 29.1% 30.8% +6% Unemployed Workers 6.6M 6.5M -1% Manpower 2020 Total Workforce Index Workforce Statistics Covid-19 Situation Covid-19 Government Spend as % of GDP Border Closures and Restrictions Additional Government Spending and Foregone Revenue to September 2020 Covid-19 Confirmed Cases and Deaths Reported to WHO (on a weekly basis) *Reported figures at Q4 each year https://covid19.who.int/ https://www.imf.org/en/Topics/imf-and-covid19/Fiscal-Policies-Database-in- Response-to-COVID-19 Other Sources: https://data.worldbank.org/ https://ilostat.ilo.org/ https://home.kpmg/xx/en/home/insights/ https://www.gov.uk/foreign-travel-advice United States Embassy https://tradingeconomics.com/ http://www.statssa.gov.za

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