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Financial Planning
April 22, 2020

Risk-adjustment strategy for economic activity

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<p>There is early evidence that the full national lockdown imposed since 26 March 2020 has successfully limited the spread of the coronavirus. However, there are serious risks associated with lifting lockdown restrictions too soon, or in an unsystematic and disorderly manner.</p>

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<div class="wp-block-image"><figure class="aligncenter"><img src="https://www.cover.co.za/wp-content/uploads/2020/04/Screenshot-2020-04-22-at-16.36.27.png" alt="" class="wp-image-142104"/></figure></div>

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<p>Restrictions on economic activity need to be adapted to epidemiological trends, and may need to be relaxed and tightened in different periods. An alert system should be created with clearly defined levels of restrictions that can be imposed by the National Command Council as necessary.</p>

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<p>The South African Government has thus developed a risk-adjusted strategy for economic activity based on a 5-level alert system, which will allow for flexibility and responsiveness and reduce the need to amend regulations in future.</p>

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<p>At each level restrictions would be more or less severe, and sectors and companies would know what activity is permitted depending on the level imposed at any time.</p>

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<div class="wp-block-image"><figure class="aligncenter"><img src="https://www.cover.co.za/wp-content/uploads/2020/04/Screenshot-2020-04-22-at-16.37.13.png" alt="" class="wp-image-142105"/></figure></div>

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<p><strong>Download the full Risk-adjustment strategy below</strong></p>

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<ul><li><a href="https://www.cover.co.za/wp-content/uploads/2020/04/Risk-adjustment-strategy.pdf">Risk adjustment strategy</a></li></ul>

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