Impact of Covid-19: Exports plunged 55% in 1 Month – South Africa’s trade balance swings to $2 billion (R35bn) deficit in April

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3 South African cities now rank among the 20 most violent in the world
This is an international report that was published recently. At this source link you‘ll see some interesting charts and statistics. South Africa was never like this under Apartheid.


[Nice, to see black ruled South Africa taking a beating during this stupid lockdown. Notice South Africa is an IMPORTING nation. This means our manufacturing base is smashed. We are dependent on imports. This is a huge problem. Jan]

Image: Brendon O'Hagan/Bloomberg

South Africa’s trade balance recorded a deficit of R35.02 billion ($2.01 billion) in April from a revised surplus of R23.94 billion in March, data from the revenue service showed on Friday.

Exports fell 55.1% on a month-on-month basis to R53.02 billion, while imports were down 6.5% to R88.03 billion, the South African Revenue Service said.

Africa’s most industrialised economy has been under lockdown since the end of March to curb the spread of the novel coronavirus — one of the world’s strictest COVID-19 lockdowns.

The government has allowed the re-opening of some sectors of the economy, but South African borders remain closed except for the transportation of goods, repatriation of South Africans and evacuation of foreign nationals.

Source: https://www.moneyweb.co.za/news-fast-news/south-africas-trade-balance-swings-to-r35bn-deficit-in-april/



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USA: Black man stabs White woman and has sex with her as she dies...
I was a big fan of the show Medical Detectives. This story really got to me. And this Black man was not even executed.

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