Five Newsworthy Things in SA 25th September 2020:

News in South Africa 25th September: 1. National Lottery corruption charges: South Africa’s lottery regulator, the National Lotteries Commission (NLC), has been facing down a slew of allegations of mismanagement and corruption. The commission finally released lists of its beneficiaries under sustained pressure, after first fighting the move. In July, the Organisation Undoing Tax Abuse […]

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Five Newsworthy Things in SA 22nd September 2020:

News in South Africa 22nd September: 1. Gautrain wants motorists to fork out more: Motorists and taxpayers appear set to become the cash cow to enable the government to reduce its percentage of the funding of the multi-billion rand expansion of the Gautrain. Gautrain Management Agency (GMA) CEO William Dachs said on Monday: “We firmly believe […]

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Five Newsworthy Things in SA 21st September 2020:

News in South Africa 21st September: 1. Lockdown Level 1 begins: There will be fewer restrictions on South Africans come 00:01 on Monday, when the country moves to Alert Level 1. Only one industry, night clubs, remains entirely banned. The cigarette ban is long gone, booze will be available up to midnight in bars, and […]

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Five Newsworthy Things in SA 18th September 2020:

News in South Africa 18th September: 1. Repo rate unchanged: SA’s central bank kept the repo rate unchanged at 3.5%, and warned that no further cuts are expected in the near term, while two rate increases are seen in the third and fourth quarters of 2021. This gave the rand a boost – as traders […]

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Five Newsworthy Things in SA 17th September 2020:

News in South Africa 17th September: 1. SA moves to lockdown level 1: President Cyril Ramaphosa has announced that a number of South Africa’s lockdown regulations will be relaxed as the country moves to a level 1 lockdown from midnight on Sunday (20 September). In a national address on Wednesday evening (16 September), the president […]

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Five Newsworthy Things in SA 16th September 2020:

News in South Africa 16th September: 1. Nedlac plans economic recovery: The National Economic Development and Labour Council has agreed to an economic recovery plan for South Africa. According to a statement issued by the Presidency on Tuesday, following a meeting between President Cyril Ramaphosa and Nedlac – a body comprised of representatives of government, […]

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Five Newsworthy Things in SA 15th September 2020:

News in South Africa 15th September: 1. Eskom looking to hike tariffs: Eskom has submitted a R5.4 billion supplementary tariff application to energy regulator Nersa, and for the first time it has also included interest – to the tune of R1.3 billion – in the application. This follows a high court order made by Judge […]

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Five Newsworthy Things in SA 14th September 2020:

News in South Africa 14th September: 1. Economy could perform worse than projected: Finance Minister Tito Mboweni warned on Sunday the economy could shrink by more than the 7 percent forecast by policymakers and the central bank for 2020, adding that public finances are “overstretched”. Gross domestic product shrunk by a record 51% in the […]

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Five Newsworthy Things in SA 11th September 2020:

News in South Africa 11th September: 1. Truck industry under attack: Truck hijackings and cargo theft continue to plague fleet operators, with more than 1,000 vehicles targeted in the past financial year across SA. Police minister Bheki Cele, while presenting the annual crime statistics recently, said there were 1,202 truck hijackings recorded between April 2019 […]

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Five Newsworthy Things in SA 10th September 2020:

News in South Africa 10th September: 1. Feigning ignorance no longer an out: Government officials and politicians will no longer have the ability to feign ignorance about the measures that should have been taken to prevent financial mismanagement and corruption, after auditor-general Kimi Makwetu released specific guidelines on this on Wednesday. Corruption and financial mismanagement […]

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