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Figure 11 – Adequacy of financial resources



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Report-00-80-01April2020
Report-00-80-01April2020, Report-00-80-01April2020
Figure 11
– Adequacy of financial resources



Over 40% of businesses indicated that they are not confident that their business has the financial resources to continue operating throughout the COVID-19 pandemic.

Figure 12
– Business survival



Business survival without turnover 54,0% of businesses indicated they can survive between 1 and 3 months.

28,6%
42,2%
29,2%
Confident
Not confident
Don't know yet
0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
30,6%
54,0%
8,2%
7,1%
Less than one month
Between 1 - 3 months
Greater than 3 months
Don't know
0%
10%
20%
30%
40%
50%
60%

STATISTICS SOUTH AFRICA 10 Business impact survey of the COVID-19 pandemic in South Africa, April 2020
Figure 13
– Financial crisis (2008/2009) comparison



Many businesses, 65,0% according to this study, anticipate that the COVID-19 pandemic will have a substantially worse impact on their business compared with the financial crisis during 2008/2009.

Figure 14
– Ability of workforce to meet business demands



Over 46% of the workforce were able to meet business demands, and 43,0% of the workforce were notable to meet business demands (the rest reported unsure. Expected to be substantially worse
A little worse
Same impact
A little better
Expect it to substantially better
Not sure
Not applicable
0%
10%
20%
30%
40%
50%
60%
70%
46,3%
43,0%
10,7%
The workforce could meet the business's demands
The workforce could not meet the business's demands
Not sure
0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
50%

STATISTICS SOUTH AFRICA 11 Business impact survey of the COVID-19 pandemic in South Africa, April 2020

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