News in South Africa 12th January: 1. SA to pay back R28 billion: Nations in Sub-Saharan Africa have been locked out of international debt markets for 22 months now, and investors are increasingly betting the drought will soon end as countries seek funding for a slew of principal payments coming due this year and next. […]
News in South Africa 11th December: 1. South Africa’s 2023 in review: With 2023 coming to a close, Business Leadership South Africa CEO Busiswe Mavuso has looked at the progress South Africa has made during the year and the setbacks. The good Despite a record year of load shedding, there has been progress in the […]
News in South Africa 12th May: 1. Health sector understaffed: The South African Medical Association (SAMA) says that the government is setting up the country’s healthcare sector to fail by not hiring or training enough doctors or nurses and other healthcare professionals. Responding to comments made by health minister Joe Phaahla this week that the […]
News in South Africa 27th January: 1. Eskom debt repayments difficulties: Two recent court rulings have made it much more difficult for Eskom to leave paying municipal customers in the dark when cutting or restricting electricity supply to delinquent municipalities. While this will hinder Eskom’s efforts to collect more than R30 billion in outstanding municipal […]
News in South Africa 22nd January: 1. Repo rate unchanged at 3.5%: The Reserve Bank has decided to keep rates unchanged at 3.5%, in line with the expectations of economists. Governor Lesetja Kganyago made the announcement on Thursday afternoon, following the bank’s Monetary Policy Committee’s (MPC) first meeting for the year this week. Two of […]
News in South Africa 12th January: 1. Schools still to open?: Cyril Ramaphosa offered little clarity on Monday evening on whether schools would open on January 25, as concerns remain about the Covid-19 second wave, hinting that an announcement was imminent. “As schools and other educational institutions prepare to begin the new academic year, there […]
News in South Africa 19th October: 1. Nuclear power progress: The United States International Development Finance Corp pledged to support NuScale Power LLC, a US nuclear energy technology firm, to develop 2,500 megawatts of power in South Africa. South Africa’s government drafted an economic recovery plan in conjunction with business and labor groups several months […]
