News in South Africa 17th November: 1. Sasria to pay our R32b for unrest: The South African Special Risk Insurance Association (Sasria) expects to pay out R32 billion to all claimants affected by the unrest that took place in KwaZulu-Natal and parts of Gauteng in July. The riots insurer together with its agent companies has […]
News in South Africa 11th November: 1. Mid-Term budget speech today: Finance minister Enoch Godongwana will deliver his maiden Medium Term Budget Policy Statement (MTBPS) at 14h00 on Thursday (11 November). The MTBPS can be viewed through several channels, including TV services like DStv, news channels, and live-streaming sources like YouTube. You can watch the […]
News in South Africa 8th November: 1. Load shedding crisis: South Africa’s load shedding crisis could escalate as Eskom’s relationship with service providers, Tenova Mining and Minerals SA, has reportedly soured to the point that critical work at the Kusile power stations has stopped. A contractual dispute with Eskom has reportedly led to work on […]
News in South Africa 5th November: 1. ANC gets 46% in local elections: South Africa entered new political territory on Thursday as most voters turned against the ANC for the first time in the democratic era. The ANC suffered a historic loss, ending the elections with 46% of the vote, followed by the DA with […]
News in South Africa 4th November: 1. Food prices continue to climb: Times are tough and are getting increasingly more difficult for consumers in South Africa. Petrol prices are rising almost on a monthly basis, often above inflation – and to a record high on Wednesday – while food prices continue to climb and Eskom […]
News in South Africa 3rd November: 1. Load shedding causing mass job loss: The ongoing power cuts in South Africa are expected to result in the shedding of at least 350 000 jobs, despite projections of 3.9% economic growth for 2021. This is according to a research report by accounting firm PwC, which notes that the return […]
News in South Africa 27th October: 1. Short supply knocks alcohol industry: After suffering deep financial losses due to the government’s Covid-19 lockdown and alcohol bans, liquor producers and retailers now have to contend with supply shortages and shipment delays ahead of the festive season. Savanna maker Distell is hard at work to ensure that […]
News in South Africa 26th October: 1. Electricity prices to soar: Eskom has warned that household electricity bills will increase significantly if energy regulator Nersa’s proposals for drastic changes in the way Eskom’s tariffs are determined are accepted. Other stakeholders are equally critical of Nersa’s proposals. Nersa published a discussion paper about its proposals on […]
News in South Africa 25th October: 1. New lockdown level 1 regulations: The government has gazetted updated regulations for South Africa’s adjusted level 1 lockdown, including changes for schools and transport. The changes include the relaxation of restrictions for air travel and updated regulations around school gatherings, sports, and extra-curricular activities. The changes are outlined […]
News in South Africa 20th October: 1. Teens can now get vaccinated: The Health Department said that it was expecting a significant number of parents and guardians to take their children to vaccine sites after school on Wednesday to get their Pfizer jabs. It is the first day that 12- to 17-year-olds qualify for a […]
