News in South Africa 25th April: 1. SA still an attractive for investors: South Africa, the continent’s most industrialised economy, continues to be an attractive emerging market investment destination for global business leaders, thanks to the continuing presence of “stable governance and a robust legal framework”. This is according to findings contained in Kearney’s 2023 Foreign […]
News in South Africa 13th March: 1. South Africa is in trouble: Whether South Africa is pushed into a full recession in 2023 or not, the country’s economy is in trouble, say economists at the Bureau for Economic Research (BER). The country was hit with a barrage of bad news last week – starting with […]
News in South Africa 3rd March: 1. R2.7b solar plant coming to the Eastern Cape: The Nelson Mandela Bay Municipality has announced plans to construct a R2.7 billion solar power plant in the area to help deal with load shedding. The Parsons Power Park project aims to bring 150MW to the area’s grid with the […]
News in South Africa 12th November: 1. Budget speech receives mixed reviews: Finance Minister Enoch Godongwana’s Medium-term Budget Policy Statement (MTBPS) has received mixed reaction, with some opposition parties welcoming his stance on government spending. Tabling his statement, Godongwana said that consolidated government spending was expected to increase over three years. But he announced no […]
News in South Africa 9th November: 1. Load shedding at stage 4 all week: More than half of Eskom’s installed capacity was offline on Monday, necessitating the move to stage 4 load shedding for the rest of the week. As the country is plunged into darkness at least three times a day, president Cyril Ramaphosa, […]
News in South Africa 4th November: 1. Food prices continue to climb: Times are tough and are getting increasingly more difficult for consumers in South Africa. Petrol prices are rising almost on a monthly basis, often above inflation – and to a record high on Wednesday – while food prices continue to climb and Eskom […]
News in South Africa 16h September: 1. Leaving state of disaster: President Cyril Ramaphosa says South Africa will need to meet certain requirements before the country’s state of disaster regulations can be lifted. The president said that the state of disaster will only be lifted if the appropriate Covid-19 prevention regulations are in place in […]
News in South Africa 9th July: 1. Vaccine rollout age range now at 35 – 49: Acting health minister Mmamoloko Kubayi-Ngubane has announced a major boost to South Africa’s Covid-19 vaccination plans, with vaccines now being made available to more age groups and on weekends. In a media briefing on Friday morning (9 July), Kubayi-Ngubane […]
News in South Africa 7th July: 1. PPE corruption investigations halted: Briefings on investigations into various cases of PPE corruption and other Covid-related contracts had to be put on hold this week. The report on the health department’s dodgy R150-million Digital Vibes tender, which benefited Health Minister Zweli Mkhize but then got him put on special leave, […]
News in South Africa 11th May: 1. Third wave worse than projected: The detection of two new variants to our shores has shaken the foundation of the latest modelling on Covid-19 in SA. Top scientists take part in modelling Covid-19 so that the rest of us can get a sense of what to expect when, […]
