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 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 4th July: 1. Basic food prices up 15%: The latest Household Affordability Index from the Pietermaritzburg Economic Justice & Dignity Group shows that the price of a basic household food basket is up by 13.6% year-on-year in June. This basket now costs R4 688 and is a R560 increase from a year ago. […]
News in South Africa 4th January 2022: 1. Updated travel restrictions for SA: Both Germany and the US have eased some travel restrictions on South Africa, as global concerns around the Omicron variant continue to subside. In a proclamation issued at the end of December, US president Joe Biden said that health officials had made substantial progress […]
News in South Africa 28th December: 1. World economy to surpass $100 trillion: The world economy is set to surpass $100 trillion for the first time in 2022, two years earlier than previously forecast, according to the Centre for Economics and Business Research. Global gross domestic product will be lifted by the continued recovery from […]
News in South Africa 20th September: 1. Updated travel restrictions: Germany has removed South Africa from its list of high-risk countries, giving travellers another route into the European Union’s (EU) Schengen region. In a notice on Sunday (19 September), the German federal government announced that 14 countries have been removed from the list, no longer […]
News in South Africa 24th March: 1. Third wave closer than expected: Experts from the Nelson Mandela University in the Eastern Cape have warned that their statistical modelling shows that the third wave of Covid-19 could hit even sooner than expected – now projecting an increase in infections at the end of March and early […]
