News in South Africa 20th January: 1. Funding for vaccines ‘won’t be a problem’: President Cyril Ramaphosa says that finding funds for the Covid-19 vaccine rollout ‘won’t be a problem’. The president did not specify why it wouldn’t be a problem or where the money would come from, given South Africa’s dire financial state. Treasury […]
News in South Africa 8th October: 1. Pick n Pay warns of profit fall: Pick n Pay warned that its headline profit will fall by between 50% and 60% in the six months to end-August. Core retail sales – including food, groceries and general merchandise, but excluding liquor, clothing and tobacco – grew 8.7% year-on-year […]
News in South Africa 25th September: 1. National Lottery corruption charges: South Africa’s lottery regulator, the National Lotteries Commission (NLC), has been facing down a slew of allegations of mismanagement and corruption. The commission finally released lists of its beneficiaries under sustained pressure, after first fighting the move. In July, the Organisation Undoing Tax Abuse […]
