Answer to Question #202957 in Economics for Vuyiswa Ndlovu

Question

Your task it to write an economic report on the possible impact of Covid-19 on South 

Africa’s economic growth performance for 2020 in comparison to that of 2019

Answer 1

The situation in sub-Saharan Africa will change. In terms of politics, the general election continues to be an important political event in African countries that attracts public attention. As for the economy, domestic demand will rise again, especially due to the acceleration of integration processes. The digital economy is expected to bring in more investment and become the main engine of economic growth. Economic growth in sub-Saharan Africa will rebound - and higher than the global average.

However, due to the epidemic, economic development in sub-Saharan Africa is still relatively difficult. In April, South African mining experienced its largest decline since 1981. Total mining production fell 47.3% in April and 18% in March, according to South Africa's National Bureau of Statistics. From the point of view of international relations, one can predict the huge potential of Africa and the rise of its international status. In the new year, the major powers will continue to increase their investments in Africa.