News in South Africa 17th November: 1. Technical recession avoided: South Africa’s economy is likely to have averted a technical recession in the third quarter despite record power outages, key data indicates. Better-than-expected mining and manufacturing output are set to outweigh relatively soft retail sales data, suggesting Africa’s most industrialized economy returned to growth in […]
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 4th October: 1. Water levels critical: Johannesburg Water has again shut down the supply to the northern suburbs of Johannesburg. This is the fourth time in less than three weeks. The emergency shutdown of the Bryanston reservoir and tower is to attend to another burst. There is no estimated time for […]
News in South Africa 11th August: 1. Worries over SA being ‘greylisted’: The possibility of South Africa being greylisted by the Financial Action Task Force (FATF) could make doing business with the country even tougher. Rebecca Thomson, a senior associate at Allen & Overy, told CapeTalk that if the country is deemed a high-risk jurisdiction to transact, […]
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 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 […]
1. Over 6.1mil South Africans vaccinated: The National Institute for Communicable Diseases (NICD) said that over 6.1 million South African were now fully vaccinated with either the on-shot Johnson & Johnson vaccine or the double dose Pfizer jab. About 15% of the country’s adults are fully vaccinated compared to about 24% of those 18 years […]
News in South Africa 22nd July: 1. More vaccinations through medical aid: The latest data on South Africa’s vaccine rollout shows that more people with medical aid are getting the vaccine than those without – with 18% of medical aid members already receiving the shot, versus 6% of those without. The department says this is […]
News in South Africa 9th June: 1. Concerns over rising Covid-19 cases: The National Coronavirus Command Council says it is concerned about the rising number of Covid cases in the country, noting that four provinces – the Northern Cape, North-West, Free State and Gauteng – are into a third wave of infections, with the Eastern […]
News in South Africa 8th June: 1. Boost to vaccine rollout: South Africa’s Covid-19 vaccine rollout is gathering momentum but is still far behind target. In a bid to increase daily vaccination rates, the department of health is considering transport subsidies, expanding sites to welfare collection points, and offering free Panados to people who have […]
