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 21st December: 1. Covid – cases drop but deaths rise: South Africa’s daily coronavirus cases almost halved amid a fourth wave of infections fueled by the omicron variant. The country recorded 8,515 new infections in the past 24 hours, data from the National Institute for Communicable Diseases showed Monday. That’s a […]
News in South Africa 10th November: 1. Public service workers paid too much?: Research and analytics group Intellidex has published a new report looking at public-sector worker pay in South Africa. The report, which was commissioned by Business Unity South Africa (BUSA), uses the same calculations as the IMF – which considers the public sector […]
News in South Africa 9th November: 1. Construction sector shortage: Critical shortages of building and construction materials, including cement, steel, bricks and timber, are suffocating the sector’s recovery from the Covid-19 lockdown and diminishing its impact on the recovery of the economy. David Metelerkamp, senior economist at construction market intelligence firm Industry Insight, said the […]
