CNN MARKETPLACE AFRICA

Office Space During Covid

5 minutes

Produced for CNN Marketplace Africa

Across the world once bustling business districts have given way to eerily silent streets. In South Africa a drive along any of Johannesburg’s main roads reveals endless rows of “to let” signs. Even before coronavirus businesses were already struggling to weather the tough economic times. Then in March, the pandemic hit South Africa, and with it came a complete lockdown forcing many companies to lock their office doors for the last time. The Office Vacancy Report For Q2 2020 which was released in July 2020 shows that there is a 12.3% vacancy rate nationally in the country.