The full extent of the financial impact of COVID-19 on consumers and businesses alike remains unknown. Businesses are urged to ensure compliance with health and safety regulations, travel restrictions and the communications of government.
In these dynamic times, the corporate sector plays an important role in managing the health and safety of workers and must ensure that employee safety is its first priority.
Communication is paramount during this crisis. Businesses are urged to communicate effectively with its clients, employees and creditors regarding the continued operations of the business, its ability to meet its financial obligations, and any arrangements that can be made.
