He said: “In a country where 10 million people are without work and Covid-19, like any other crisis, affects the poorest and most vulnerable in society, you cannot stand by and reflect on your own privilege and not reach out to those who are less privileged than you.”
Kieswetter also admitted that the collection of tax revenue has proven to be difficult as a result of a number of factors such as the Covid-19 lockdown, which saw a number of businesses being temporarily shut down, as well as negative outlook reviews by ratings agencies.
“Our initial and early indication suggests that we would definitely experience a significant under-collection. We saw that in two ways, firstly by significant decline in the year-on-year, in other words, April to April, underperformance of imports.”
Kieswetter expressed concern about economic capacity being lost as a result of numerous businesses having to shut down completely post the lockdown due to Covid-19.