Five Newsworthy Things in SA 12th January 2024:

News in South Africa 12th January: 1. SA to pay back R28 billion: Nations in Sub-Saharan Africa have been locked out of international debt markets for 22 months now, and investors are increasingly betting the drought will soon end as countries seek funding for a slew of principal payments coming due this year and next. […]

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Five Newsworthy Things in SA 17th April 2023:

News in South Africa 17th April: 1. Stage 8 not imminent but possible: Despite the tripping of Koeberg Unit 2 over the weekend prompting fears that stage 8 load shedding could be looming, stage 8 load shedding is only likely if there is a ‘perfect storm’, which would include a cold front lasting for several […]

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Five Newsworthy Things in SA 13th February 2023:

News in South Africa 13th February: 1. 68% chance of recession: South Africa’s economy is increasingly vulnerable to a recession in the next 12 months, with an ongoing electricity crisis seen further curbing activity. The probability of a recession stands at 68%, up from odds of 45% in January, according to Bloomberg’s latest monthly survey […]

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Five Newsworthy Things in SA 7th December 2022:

News in South Africa 7th December: 1. SA’s economic growth hampered: Chief economist at Econometrix, Azar Jammine, said that corruption and a lack of infrastructure investment could hamper the country’s economic growth. The economy grew by 1.6% in the third quarter of 2022, after contracting by 0.7% in the second quarter. But Jammine was worried that […]

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Five Newsworthy Things in SA 30th November 2022:

News in South Africa 30th November: 1. Eskom’s power station shut down plan: Eskom plans to decommission and repurpose coal-fired power plants at Camden, Hendrina, and Grootvlei at an estimated $2.6 billion (R44 billion) for the three. This follows the government decommissioning and repurposing of its oldest power station Komati in Mpumalanga, with the help […]

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Five Newsworthy Things in SA 29th November 2022:

News in South Africa 29th November: 1. Infrastructure growth not a reality: The South African government has put a spin on infrastructure projects worth billions of rands as a way to drag the economy out of stagnation – but the PR belies the reality that not much has been done over the last few years […]

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Five Newsworthy Things in SA 28th September 2022:

News in South Africa 28th September: 1. Matric exams and load shedding: The KwaZulu Natal Education Department is raising concern over the impact that continual load shedding could have on students’ preparation for matric exams. Speaking to reporters, the MEC for the department, Kwazi Mthethwa, said that at some point this year, the national minister was engaged […]

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Five Newsworthy Things in SA 10th May 2022:

News in South Africa 10th May: 1. Load shedding continues: Eskom said you should anticipate more power cuts this week as the increase in electricity demand is overwhelming its system, especially during peak hours. The embattled power utility implemented stage 2 load shedding Monday evening after its generation units tripped. “At the same time, a […]

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Five Newsworthy Things in SA 5th October 2021:

News in South Africa 5th October: 1. Massive national strike today: Members of the National Union of Metalworkers of South Africa (Numsa) embarked on a national strike on Tuesday (5 October) following a deadlock in negotiations for a new wage deal. Union members didn’t report for duty in five of the country’s nine provinces and […]

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Five Newsworthy Things in SA 25th August 2021:

News in South Africa 25th August: 1. One third of South Africans unemployed: South Africa’s headline unemployment rate hit a record high of 34.4% in the second quarter from 32.6% in the first three months of the year as businesses shed staff due to the devastating economic impact of Covid-19. The rate was the highest […]

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