DTVDH

Is business interruption insurance the key?

A business interruption insurance policy typically caters for a decrease in turnover or profit (depending on the type of cover); an increase in operating expenses and a move to a temporary location (if necessary). The question arises whether or not COVID-19 qualifies as an insured event which could lead to a valid and enforceable insurance […]

Where to find money when you have no money

As COVID-19 has ravaged the economy and stripped it bare of tens of thousands of jobs, there is a real threat to the livelihoods of many ordinary working South Africans. As happens during a time of economic recession, some businesses are unable to pay full salaries, have to scale down and have to let workers […]

Stop consuming your savings

On the 5th of March, South Africa confirmed its first coronavirus case and less than a month later, the country had already completed a full week under lockdown. In this month, consumer spending took a big knock as by the first few days of the lockdown, consumer spending fell to a low of 28% for […]

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