News in South Africa 28th October: 1. D-Day for mid-term budget: The medium-term budget will be announced this afternoon, and all eyes will be on government’s plans to deal with the public wage bill, its ballooning debt, and its struggling state-owned enterprises – particularly SAA. As at the latest Budget in June 2020, the Treasury estimated […]
News in South Africa 27th October: 1. Another lockdown impossible: Economists and analysts say that another hard lockdown in South Africa will be an impossible situation – which could lead to ‘state violence’. As second- and third waves of Covid-19 sweep the US, Europe and other parts of the world, with South Africa’s infection rate […]
News in South Africa 26th October: 1. Mid-term budget on Wednesday: Mboweni will present the government’s revised spending framework for the next three years on Wednesday, four months after a supplementary budget that was unveiled to reallocate funds to help pay for a R500 billion stimulus package announced by President Cyril Ramaphosa. Finance Minister Tito […]
News in South Africa 23rd October: 1. Covid-19 cases rising: COVID-19 infections across the country are increasing, but in the Western Cape there seems to be some confusion over the rate of the increase. Health Minister, Zweli Mkhize said there’s been a 42-percent rise in the province while Premier Alan Winde says it’s less than 20-percent. The Western Cape […]
News in South Africa 22nd October: 1. Civil groups demand end to lockdown: Public participation group Dear South Africa has asked Cooperative Governance and Traditional Affairs Minister Nkosazana Dlamini-Zuma to provide the evidence that supported her decision to extend the lockdown earlier this month or prepare for an urgent court date. In a letter delivered […]
News in South Africa 21st October: 1. Travel restrictions hitting tourism: The government needs to do away with its high-risk list or so-called ‘red list’ of Covid-19 hotspot countries or face more chaos around international travel into South Africa. That’s the warning from major industry bodies the Tourism Business Council of South African (TBCSA) and […]
News in South Africa 20th October: 1. Eskom growing debt ignored: Three plans finalised in recent weeks that seek to revive SA’s weak economy have sidestepped a crucial Eskom matter: how to reduce the power utility’s crippling debt that is approaching R500-billion. The plans – all drafted with feedback from the government, business, labour, and […]
News in South Africa 19th October: 1. Nuclear power progress: The United States International Development Finance Corp pledged to support NuScale Power LLC, a US nuclear energy technology firm, to develop 2,500 megawatts of power in South Africa. South Africa’s government drafted an economic recovery plan in conjunction with business and labor groups several months […]
News in South Africa 16th October: 1. Economic recovery plan questioned: President Cyril Ramaphosa addressed a joint sitting of Parliament on Thursday to present the economic recovery plan for South Africa. He detailed the “fix” for the country exactly seven months after first declaring a national state of disaster. The president summarised the objectives of […]
News in South Africa 15th October: 1. Economic recovery plan today: President Cyril Ramaphosa will today outline his economic recovery plan to pull South Africa out of the pits of the Covid-19 lockdown. The plan is the result of extensive deliberation between government and its social partners, including business and labour. He will present the […]
