News in South Africa 18th October: 1. Load shedding back at stage 4: Power utility Eskom has pushed load shedding to stage 4 in the early hours of Tuesday morning (18 October) following more breakdowns at its power stations. Stage 4 will stay in place until further notice, it said. The move was necessary due […]
News in South Africa 17th October: 1. Transnet strike drags on: Workers from the SA Transport and Allied Workers Union (Satawu) have rejected the Commission of Conciliation Mediation and Arbitration (CCMA)’s recommendations to try and solve its wage dispute with Transnet. The CCMA Commissioner proposed a settlement between the two parties on Thursday. Estimates are […]
News in South Africa 12th October: 1. Warning over high meat prices: South Africa’s real gross domestic product (GDP) decreased by 0.7% in the second quarter of 2022. The biggest contributors to this contraction were agriculture, forestry & fisheries, down 7.7%, and pulled lower by a decrease in the production of animal products. Compared to […]
News in South Africa 11th October: 1. R350 grant criteria relaxed: Social Development Minister Lindiwe Zulu has apologised to recipients of the R350 Covid-19 Social Relief of Distress (SRD) grant for problems in its administration after the end of the national state of disaster early in April. She was speaking at a media briefing in […]
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 13th July: 1. New crypto laws: The South African Reserve Bank is set to introduce new regulations around trading cryptocurrency in the country in the next 12-18 months, says deputy governor Kuben Naidoo. Speaking in PSG’s latest Think Big webinar, Naidoo said that South Africa was largely on par with other […]
1. New variant infections slows: South African scientists said a new variant, with a concerning number of mutations, spread at a slower rate last month than in July. The so-called C.1.2 variant accounted for just 1.5% of all virus samples sequenced in the country in August compared with 2.2% in July, according to the Network […]
News in South Africa 26th August: 1. Vaccines and purchasing alcohol: The South African Liquor Brandowners Association (Salba) has dismissed a proposal that Covid-19 vaccinations should be a requirement for purchasing alcohol, warning that it is not a viable option for South Africa. The industry body said that it supports public education and awareness efforts to […]
News in South Africa 24th February: 1. Budget speech at 14:00 today: Finance minister Tito Mboweni will deliver the 2021 budget this afternoon at 14h00. Analysts and economists are not hopeful of any significant strides in turning the South African economy around, given tight budgetary constraints and little wiggle room on both the revenue and […]
News in South Africa 2nd February: 1. SA Lockdown measures relaxed: South African lockdown measures have been relaxed as the country records its lowest number of daily infections since the start of December. Ramaphosa announced the country would remain on an adjusted Level 3 with the sale of alcohol, among other things, being permitted. “In fact, […]
