THE retail industry has predicted a subdued first quarter performance this year due to disruptions caused by the Covid-19 pandemic and a reversion to the strict lockdown which curtailed business activities.
This comes as economic activity in the country has begun to increase following a relaxation of the restrictions by government. At the same time, there is high optimism among many businesses that the coronavirus chaos will not shatter businesses as initially feared — after the country began its Covid-19 national vaccination programme last month.
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