News in South Africa 3rd August: 1. Tough economic times: The South African economy, like many others around the world, has had a ‘bumpy’ start to 2022. The Russian invasion of Ukraine, volatility in international financial markets, inflationary pressures and so on have caused an economic environment that threatens to spill over into a global […]
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 4th July: 1. Basic food prices up 15%: The latest Household Affordability Index from the Pietermaritzburg Economic Justice & Dignity Group shows that the price of a basic household food basket is up by 13.6% year-on-year in June. This basket now costs R4 688 and is a R560 increase from a year ago. […]
News in South Africa 19th May: 1. South African satellite developing: South Africa is moving ahead with a plan to develop a communication satellite, Minister of Communications and Digital Technologies Khumbudzo Ntshavheni said on Wednesday. Satellites are used to relay signals used for telecommunications, broadcasting, weather forecasting, navigation, scientific research and earth observation. Ntshavheni, who took over […]
News in South Africa 17th May: 1. Retrenchment and vaccination: Long-standing precedents mean someone who refused a Covid-19 vaccine can be fairly retrenched without being paid any severance, the Commission for Conciliation, Mediation and Arbitration (CCMA) has ruled. In fact, it would not be fair to expect retrenchment pay, the CCMA said. The recent ruling came […]
News in South Africa 16th May: 1. Covid infections slowing: While the national government is still reticent to say whether South Africa has entered into a fifth wave of Covid-19, senior researcher at the Council for Scientific and Industrial Research (CSIR), Dr Ridhwaan Suliman, says the country entered into the latest wave some three weeks ago, and […]
News in South Africa 11th May: 1. Cost of living rising ever higher: The upward pressure on food, fuel, and electricity prices will adversely impact all households during 2022. However, due to varying spending abilities and priorities, households in different expenditure deciles will be impacted differently, a new analysis by professional services firm PwC shows. […]
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 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 28th March: 1. Costs of living soaring: The costs of the Ukraine war have started to hit closer to home in South Africa. Workers are spending more on transport, food and electricity to make it through the month. Spiralling international oil prices, largely on the back of the Russia-Ukraine conflict, have […]
