Covid-19 delivered a serious blow to the South African economy in 2020, particularly over the first and second quarters. Months of lockdown regulations combined with a variety of regulations and restrictions have left the economy flailing. According to the Budget Review which was recently released by the National Treasury, the South African GDP (Gross Domestic Product) is estimated to have contracted by 7.2% last year, which is the lowest growth in 90 years. Thankfully, a glimmer of hope comes in the form of the vaccine rollout which has recently begun across the country, and which is expected to help the struggling GDP to grow by about 3.3% in 2021. However, the outlook for economic recovery remains slow as…