News in South Africa 25th January: 1. R1.2trn needed for food import costs: Farmers in Africa will need as much as $65 billion (nearly R1.2 trillion) in loans annually to produce enough food to curb imports and cushion their economies from external shocks. The continent imports over 100 million metric tons of cereals at an […]
News in South Africa 26th July: 1. The ‘real’ value of the rand: The Economist has updated its Big Mac Index for mid-2022, showing how the rand continues to be one of the most undervalued currencies globally, relative to the US dollar. The Big Mac Index is an initiative created by The Economist that aims […]
News in South Africa 7th January: 1. Vaccines lower risk of dying to Omicron: Fully vaccinated individuals have 3.8 times lower risk of dying of the Omicron variant than non-vaccinated individuals. This is according to data by the Western Cape Department of Health, released in a digital briefing on Thursday, which showed the effectiveness of […]
News in South Africa 9th July: 1. Vaccine rollout age range now at 35 – 49: Acting health minister Mmamoloko Kubayi-Ngubane has announced a major boost to South Africa’s Covid-19 vaccination plans, with vaccines now being made available to more age groups and on weekends. In a media briefing on Friday morning (9 July), Kubayi-Ngubane […]
News in South Africa 25th May: 1. Gupta looting at R50b so far: Appearing before the Zondo Commission on Monday, investigator Paul Holden meticulously laid out the flow of money from government entities to the Guptas’ money laundering apparatus. Almost R50bn can be traced through invoices and bank statements – but, warned Holden, the true […]
News in South Africa 28th April: 1. Outbreaks of Covid increasing: Health Minister Zweli Mkhize on Tuesday said there were several COVID-19 cluster outbreaks in mines, schools and townships in three provinces, which health experts were monitoring closely. The Northern Cape, the Free State and the North West have recorded a significant spike in daily new coronavirus infection […]
