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 21st July: 1. Environmental damage from riots: Following the recent violent events, authorities are dealing with another crisis – the short- and long-term impact on the environment. For more than seven days, chaos broke out in Gauteng and KwaZulu-Natal when looters ransacked businesses and other entities. But others took their sinister […]
News in South Africa 20th May: 1. Retrenchments on the rise: In early 2020, insurance group Liberty was processing about 10 retrenchment claims a month. But five months after Covid-19 struck, that number increased six-fold. Liberty’s retrenchment claim statistics for 2020, released on Wednesday, give an indication of just how many people lost their jobs […]
