News in South Africa 26th September: 1. Storms flood Western Cape: Heavy rains and winds battered the Western Cape on Sunday and Monday, forcing hundreds of families to flee their flooded homes. In Covid Village in Mfuleni, a man died, apparently electrocuted by a live wire in the water. About 2 000 families fled their […]
News in South Africa 7th August: 1. Government credibility scares off investors: The government’s lack of credibility due to its poor economic policy, unsustainable debt burden, and policy uncertainty adds to the risk premium on South African assets, making investors fearful of investing in the country. Following the South African Reserve Bank’s (SARB) Annual General […]
News in South Africa 11th April: 1. Eskom debt relief extends to municipalities: National Treasury is rolling out an ambitious plan to rid struggling municipalities of their ever-growing debt to Eskom, but only if they adhere to strict conditions to permanently change problematic behaviour at council and consumer level. If successful, the plan – set […]
News in South Africa 13th December: 1. Flooding disaster: Disaster management teams in KwaZulu-Natal are on high alert as the province continues to experience heavy rains amid fears that the region could face another flood disaster. The province was hit by large floods in April and May with damage to infrastructure worth an estimated R25 billion. […]
News in South Africa 10th October: 1. SA on the brink of disaster: Former reconstruction and development minister Jay Naidoo says South Africa is in serious trouble and is showing signs of a failed state. Naidoo is a seasoned politician who was the founding general secretary of the Congress of South African Trade Unions (Cosatu). […]
News in South Africa 30th March: 1. Covid-19 deaths under-reported: The national Department of Health, in what appears to be a significant departure from its previous position, admitted this week that government may be under-reporting deaths from Covid-19. Previously, the department was apparently dismissive of compelling research that showed significant excess deaths – a higher […]
