News in South Africa 17th November: 1. Egg supply is steadily increasing: The supply of egg and poultry meat is steadily increasing following shortages triggered by a bird flu outbreak that began in April, the department of agriculture, land reform and rural development said. “We are happy that the highly pathogenic avian influenza outbreak is under control […]
News in South Africa 18th October: 1. Water infrastructure collapse: South Africa’s deteriorating water infrastructure threatens to plunge the country into widespread social unrest as taps run dry in some of the country’s largest cities. This is feedback from water expert and University of the Free State professor Dr Anthony Turton, who told Newzroom Afrika that “we […]
News in South Africa 12th October: 1. Foreigners flee SA stocks: Foreign investors have accelerated their (net) selling of equities on the JSE, with sales 40% greater thus far in 2023 than in the same period in 2022. To last Friday, non-SA investors sold a net R103 billion of equities, versus R73 billion in the […]
News in South Africa 31st August: 1. Rand falls after record budget deficit: The rand dropped, underperforming most emerging-market peers, and yields on South African local-currency bonds rose after data showed the government ran a record budget deficit in July. The rand weakened as much as 0.8% against the dollar after National Treasury figures showed […]
News in South Africa 28th August: 1. Investors on edge: Capital markets are on edge over South Africa’s deteriorating fiscal outlook, say economists at the Bureau for Economic Research (BER), with government data on revenue expenditure out later this week likely to be of particular interest to investors. National Treasury is due to release its […]
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 […]
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 26th February: 1. Experts say Covid is here to stay: Health experts warn that people need to face reality and start coming to terms with the fact that Covid-19 is not going to go away, and that vaccines will not be the silver bullet to eradicate the virus among the global […]
News in South Africa 8th December: 1. ANC tackling internal corruption: President Cyril Ramaphosa has taken a hard line at the ANC national executive committee (NEC) meeting, stressing that all leaders are bound by party resolutions while the debate over whether the corruption-accused secretary-general, Ace Magashule, should step aside rages on. The president stressed that […]
