News in South Africa 7th June: 1. Record high food prices: Global food prices extended their rally to the highest in almost a decade, heightening concerns over bulging grocery bills as economies struggle to exit the Covid-19 crisis. A United Nations gauge of world food costs climbed for a 12th straight month in May, its […]
News in South Africa 4th June: 1. Vaccine rollout hits 1mil mark: South Africa’s vaccine rollout has passed an important milestone by reaching more than one million people at the start of June. As the daily number of doses administered picked up – after a dismally low levels between February and May – the health […]
News in South Africa 3rd June: 1. Infections approaching 6000: South Africa recorded 5 782 new Covid-19 infections by Wednesday and 110 new Covid-19-related deaths, taking the official death toll to 56 711. According to a statement by Health Minister Zweli Mkhize, as of Wednesday, the country recorded a total of 1 675 013 confirmed Covid-19 cases. He […]
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 […]
News in South Africa 31st May: 1. Back to Lockdown level 2: President Cyril Ramaphosa has moved South Africa back to Lockdown level 2. The President made the announcement on Sunday after discussions with cabinet. Under the Level 2 restrictions: It remains mandatory for every person to wear a face mask that covers their nose […]
News in South Africa 28th May: 1. Karpowership fights back: Karpowership SA has fired back at claims that its potential R225-billion power supply deal with Eskom is tainted by corruption. Explosive allegations were made by DNG Power Holdings, a rival bidder in the government’s Risk Mitigation Independent Power Producer Procurement Programme (RMI4P), in a court […]
News in South Africa 27th May: 1. Salaries have recovered: The South African workforce and pensioners are taking home almost as much income as they used to before the Covid-19 pandemic. According to BankervAfrica data, the average take-home pay for workers and pensioners whose monthly income is paid through banks increased to R15 083 in […]
News in South Africa 26th May: 1. Third wave in full force: Fears of stricter restrictions are growing as the Covid-19 positivity rate — the percentage of positive outcomes in the tests taken in a 24-hour period — climbed into double figures on Monday. It was the first time since mid-November that the positivity rate […]
News in South Africa 25th May: 1. Gupta looting at R50b so far: Appearing before the Zondo Commission on Monday, investigator Paul Holden meticulously laid out the flow of money from government entities to the Guptas’ money laundering apparatus. Almost R50bn can be traced through invoices and bank statements – but, warned Holden, the true […]
News in South Africa 21st May: 1. Economic recovery unlikely: Finance minister Tito Mboweni told parliament that economic recovery will remain elusive as long as incompetent administration and poor financial management at municipalities remained unresolved. Mboweni was speaking in the National Assembly on Thursday while outlining the policy priorities and spending plans (budget vote) of […]
