News in South Africa 6th December: 1. Govt pollution harms children: Two studies ordered by South Africa’s government into the impact of air pollution on community and child health showed emission limits it imposed on companies that emit the toxins are insufficient. The studies were undertaken in key industrial regions by academics at the University […]
News in South Africa 29th November: 1. No support after bird flu outbreak: Government’s promises to assist the local poultry industry following the avian flu outbreak earlier this year have yet to materialise. The outbreak led to the culling of millions of birds, which caused a reduction of 30% in the production of hatching eggs. […]
News in South Africa 27th November: 1. Eskom hit stage 8 load-shedding: Energy analyst Chris Yelland said Eskom hit stage 8 power cuts according to the official national code of practice for load shedding. Speaking to reporters, Yelland said many people, including his family in Craighall Park, are experiencing 12 hours of load-shedding daily. “If […]
News in South Africa 24th November: 1. SARB keeps rates on hold: For its final decision of the year, the Monetary Policy Committee left SA’s key interest rate unchanged at 8.25% for a third consecutive meeting, in line with economists’ expectations. This comes after annual consumer price inflation leapt to 5.9% in October from 5.4% […]
News in South Africa 13th November: 1. SA’s ‘too white’ farms may lose export access: South African farms deemed “too white” will no longer be able to export their produce to the UK and the EU, according to postings in the Government Gazette, the Johannesburg-based City Press newspaper reported. Under the rules, farmers must meet […]
News in South Africa 30th October: 1. Midterm budget this week: As Minister of Finance, Enoch Godongwana prepares to deliver his mid-term budget speech this week, he said that if the country doesn’t cut expenditure and increase borrowing, it will be out of cash by the end of March 2024. He made the comments at […]
News in South Africa 20th October: 1. Tax filing season starts: The first deadline for the 2023 tax filing season is Monday (23 October), when non-provisional taxpayers must submit their annual tax returns. Taxpayers with more complicated financial affairs or different income streams have until 24 January next year. Taxpayers who have been auto-assessed but […]
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 11th October: 1. SA is falling apart: South Africa is falling apart, with unreliable electricity, poor railways, ports which do not function properly, a dilapidated road network, and deteriorating state finances. Late last month, Transnet CEO Portia Derby and CFO Nonkululeko Dlamini resigned, with Transnet Rail CEO Siza Mzimela following suit […]
