Five Newsworthy Things in SA 18th August 2022:

News in South Africa 18th August: 1. Latest debt index and stagnant incomes: Most South Africans have 34% less purchasing power in 2022 compared to 2016 because of stagnant incomes and cumulative inflation growth, according to the latest Debt Index. South Africans, especially the middle class, are suffering from stagnant incomes, which aren’t able to […]

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Five Newsworthy Things in SA 17th August 2022:

News in South Africa 17th August: 1. Investment in woman-owned businesses: The Mineworkers Investment Company (MIC) wants to invest R150 million in emerging black-owned businesses. The MIC, through its venture capital initiative, MIC Khulisani Ventures, has launch the second window of applications to support what it calls high growth potential and innovative businesses. It is offering […]

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Five Newsworthy Things in SA 16th August 2022:

News in South Africa 16th August: 1. New border laws: The Department of Home Affairs has announced the commencement of South Africa’s new border management laws, which take effect this week. The Border Management Authority (BMA) Act has taken effect from Monday, 15 August, with most sections commencing, according to Home Affairs minister, Aaron Motsoaledi. […]

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Five Newsworthy Things in SA 15th August 2022:

News in South Africa 15th August: 1. JHB School fees could soar: The City of Johannesburg’s sudden decision to reclassify school properties, thereby raising payable rates eight-fold, will have a devastating impact on pupils in the metro, according to organisations challenging the change. Every year, the Gauteng Department of Education is faced with a scramble […]

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Five Newsworthy Things in SA 11th August 2022:

News in South Africa 11th August: 1. Worries over SA being ‘greylisted’: The possibility of South Africa being greylisted by the Financial Action Task Force (FATF) could make doing business with the country even tougher. Rebecca Thomson, a senior associate at Allen & Overy, told CapeTalk that if the country is deemed a high-risk jurisdiction to transact, […]

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Five Newsworthy Things in SA 10th August 2022:

News in South Africa 10th August: 1. Inflation worsens gender pay gap: Women across the world are feeling the pinch as inflation rockets while the gender pay gap persists. South Africa is ranked at number 123 out of 146 countries in the Global Gender Gap Report for 2022. In South Africa, the issue was pushed firmly back […]

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Five Newsworthy Things in SA 5th August 2022:

News in South Africa 5th August: 1. Stage 2 loadshedding continues: A major delay in restarting Eskom’s Koeberg unit 2 is largely to blame for load shedding rearing its ugly head again, just 11 days after it was suspended. Energy expert Chris Yelland notes that the failure to synchronise the unit to the grid is […]

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Five Newsworthy Things in SA 4th August 2022:

News in South Africa 4th August: 1. Loadshedding at Stage 4: Power utility Eskom says that load shedding will increase to stage 4 on Thursday (4 August) between 16:00-24:00, due to the continued shortage of generation capacity. “Due to a shortage of generation capacity, coupled with the higher demand due to the colder weather, stage […]

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Five Newsworthy Things in SA 3rd August 2022:

News in South Africa 3rd August: 1. Tough economic times: The South African economy, like many others around the world, has had a ‘bumpy’ start to 2022. The Russian invasion of Ukraine, volatility in international financial markets, inflationary pressures and so on have caused an economic environment that threatens to spill over into a global […]

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Five Newsworthy Things in SA 2nd August 2022:

News in South Africa 2nd August: 1. Visa processing delayed: Visa processing delays are frustrating South Africans who are looking to travel abroad, with appointments for interviews with the United States (US) consulate only available from February 2023. “Visa availability continues to be a struggle for travellers,” warned corporate and online travel management company Rennies […]

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