PRETORIA. Nov. 24 (Xinhua) -- South Africa is facing multiple risks such as second wave of COVID-19, rising debt, cyber attacks and climate change, said South Africa Reserve Bank (SARB) when releasing the 2020 Financial Stability Review on Tuesday.
"There is a risk of the second wave of COVID-19. In the past half a century South Africa has not experienced economic shock of this nature," said SARB economist Alex Smith.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!