News in South Africa 12th July: 1. Standard Bank drops mandatory vaccines: Standard Bank has withdrawn its Covid-19 vaccination policy with immediate effect, with approximately 95% of its employees already vaccinated. In an emailed statement, the bank said it took a range of factors into account in reviewing its policy, including recent regulatory developments, the […]
News in South Africa 6th July: 1. Rand at same level as Covid peak: On Tuesday, the rand slumped to its weakest level against the dollar since 2020 as global investors took fright. In early evening trading, the rand was trading at R16.58/$, more than a percent weaker than on Monday. The rand was stronger […]
News in South Africa 5th July: 1. Planned petrol price changes: Director of fuel pricing mechanism at the Department of Energy, Robert Maake, says the government is working on several regulatory changes to address South Africa’s high petrol price. Speaking to radio station 702, Maake said this includes: The possible introduction of a price cap; A […]
