News in South Africa 12th December: 1. NHI means more tax and less benefits: The National Health Insurance (NHI) Bill last week got the nod from the National Council of Provinces and has now been plonked in the lap of President Cyril Ramaphosa. Other than expropriation without compensation, few statutory artefacts have elicited such exasperation from those […]
News in South Africa 13th September: 1. Tough future for Rand: The rand is expected to be beaten around by global markets in the coming months, as inflationary and interest rate pressure from central banks in the US and the European Union continue to dominate global market movements. The European Central Bank (ECB) hiked interest […]
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 2nd June: 1. Unemployment rate record high: The statisticians conclude that the unemployment rate in SA is still climbing and that according to the Quarterly Labour Force Survey (QLFS) has reached the highest level since the introduction of the survey in 2008. The official unemployment rate increased to 32.6% in the […]
