News in South Africa 30th June: 1. SA – dangerous and violent: The Institute of Economics and Peace (IEP) published its Global Peace Index (GPI) for 2023, showing South Africa is less peaceful than a year ago – dropping eight places in the rankings. South Africa also now ranks as the 20th worst country in […]
News in South Africa 28th June: 1. Eskom issues new rules for grid access: Eskom is doing away with its “first come, first served” principle for projects applying for grid access. It now wants developers to demonstrate that their projects are shovel-ready and will be able to add generation capacity before making grid allocations. Speaking […]
News in South Africa 27th June: 1. South Africans severely indebted: South Africans are among the most indebted people in the world, with as much as 73% of disposable household income servicing debt repayments. Credit abuses and frailties in the legislative framework, compounded by financial illiteracy, leave borrowers vulnerable to manipulation by lenders. This is […]
News in South Africa 26th June: 1. Eskom’s smart meter project: Eskom on Friday announced the beginning of a pilot project that will give consumers more control over load shedding by using smart meters. The utility said selected consumers in Fourways in Gauteng will during Stage 1-4 load shedding get four opportunities to reduce their […]
News in South Africa 23rd June: 1. Renewables put on hold: As South Africa ramps up its roll-out of renewable energy, it is now confronting the same challenge faced by countries across the globe. Depleted grid capacity in resource-rich areas is making it increasingly difficult to connect new renewable energy projects to the grid, particularly […]
News in South Africa 21st June: 1. Sharp rise in riots: The Institute of Risk Management South Africa (IRMSA) has published the 9th Edition of the Annual Risk Report, sounding a new alarm on the various crises hitting South Africa. Among the biggest risks the country faces is growing social unrest, with the group already […]
News in South Africa 20th June: 1. Roads leading to food shortage: Farmers are being driven to desperation over the poor state of roads. Some are now maintaining roads themselves to get their produce to market. AgriSA says poorly maintained roads are just one of the many issues faced by local farmers. This results in […]
News in South Africa 19th June: 1. Western Cape floods: Western Cape authorities are bracing for another cold front on Monday as the province has been hard hit by widespread flooding and damage to infrastructure. Humanitarian relief is still being provided to many areas. The floods have made many roads and bridges inaccessible. Western Cape Minister of Local […]
News in South Africa 14th June: 1. Electricity tariff increase: Residents of six municipalities that want consumers to pay even bigger increases in electricity tariffs than the 15.1% that the National Energy Regulator of South Africa (Nersa) deems appropriate will get the opportunity to express their views on the matter on Thursday. Nersa recently published […]
News in South Africa 13th June: 1. Rand on the rise: Sentiment towards South Africa is slowly shifting, with markets embracing talks between the government and business leaders to address the energy, logistics and crime crises – while the state puts some substance behind its claims of neutrality towards Russia. According to Investec chief economists […]
