Bankers stay home as South Africa prepares return to work
JOHANNESBURG – Investec Chief Executive Officer Fani Titi saw a sign of things to come when he dropped by the bank’s headquarters last week.
The usually buzzing escalators that criss-cross the four-story building in Sandton, South Africa’s business capital, were eerily silent. He was one of only 440 employees in an office block normally occupied by 10 times that number.
Two months after shutting down the economy to contain the spread of the coronavirus, South Africa’s government is preparing to ease restrictions that will enable an extra 8 million more workers to return to their jobs. As manufacturers, miners and industries prepare their factories and offices to receive their employees, banks have found there’s no need to immediately go back.
Source: iol.co.za
