News in South Africa 19th September: 1. Eskom in dire straits: Following an urgent board meeting while Stage 5 load shedding was biting on Saturday 17 September, Eskom will on Monday start to urgently procure additional energy from existing independent power producers. This announcement was made during an emergency media briefing by Eskom group chief […]
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 […]
News in South Africa 21st July: 1. Inflation at 13 year high: The average rate of consumer price inflation (CPI) for South Africans hit 7.4%, StatsSA said on Wednesday, the highest seen in 13 years. But that was nothing compared to the increases in some prices, making for a much harder hit depending on your fondness […]
News in South Africa 11th July: 1. Riot risks rising: Top business and government officials have warned that South Africa is set to face a repeat of the July 2021 riots as very little has been done to address the issues facing the country over the last year. Business Unity South Africa chief executive Cas […]
News in South Africa 10th May: 1. Load shedding continues: Eskom said you should anticipate more power cuts this week as the increase in electricity demand is overwhelming its system, especially during peak hours. The embattled power utility implemented stage 2 load shedding Monday evening after its generation units tripped. “At the same time, a […]
News in South Africa 26th April: 1. Covid infections spiking again: South Africa appears to be heading for a fresh wave of coronavirus infections, though this one is predicted to be less deadly than previous waves. The latest Covid-19 figures report 30,086 active cases, 30 daily deaths and 1,954 new cases. But South Africans can […]
News in South Africa 4th April: 1. Petrol hike lower than feared: A stronger rand exchange rate and the government’s decision to intervene on higher costs means South Africa’s ‘record’ petrol price hike this week will be comparatively muted, say economists at the Bureau for Economic Research (BER). The government’s intervention to reduce the general […]
News in South Africa 31st March: 1. Motion of no confidence fails: The Democratic Alliance (DA)’s motion of no confidence in President Cyril Ramaphosa’s Cabinet has failed in the National Assembly. After a lengthy roll-call voting process, members of Parliament completed voting with more than half of those present voting against the motion. Deputy Speaker […]
News in South Africa 24th January: 1. Drivers licence crisis: South Africa’s growing driver licence backlog has led to concerns from motorists about what happens when their licence expires and they are not able to receive a new card. Driving licence cards in South Africa are produced by the Driving Licence Card Account (DLCA) – […]
News in South Africa 18th January: 1. Eskom pushing for 20.5% increase: Eskom has reiterated its calls for a 20.5% tariff increase for the 2023 financial year, warning that the hike is necessary for the continuation of its operations. In a presentation to the National Energy Regulator of South Africa (Nersa) on Monday (17 January), […]
