News in South Africa 28th August: 1. Investors on edge: Capital markets are on edge over South Africa’s deteriorating fiscal outlook, say economists at the Bureau for Economic Research (BER), with government data on revenue expenditure out later this week likely to be of particular interest to investors. National Treasury is due to release its […]
News in South Africa 23rd February: 1. Calib Cassim new Eskom CEO: Ailing state-owned power utility Eskom has appointed Calib Cassim as acting CEO following André de Ruyter’s immediate departure this week. Cassim’s appointment is effective immediately. “Eskom is pleased to announce the appointment of Calib Cassim as interim group chief executive officer with immediate […]
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 11th April: 1. Global recession on the cards?: Could the world be headed for another recession? Just as the global economy is bouncing back from the Covid-19 pandemic, a growing list of risks is clouding the economic outlook – although most economists still believe a recession this year is relatively unlikely. […]
News in South Africa 23rd December: 1. Over the peak of fourth wave: South Africa has crested the fourth wave of Covid-19 infections driven by the spread of the omicron variant. CSIR researcher Ridhwaan Suliman said that the country passed the peak in about half the number of days it took to get past previous waves. South […]
News in South Africa 6th October: 1. Uniting to vaccinate everyone: South Africa’s first ‘Vooma Vaccination’ weekend set an ambitious target of vaccinating 500,000 people, and while it only achieved around 350,000 jabs, it represented a significant increase for weekend figures and included an encouraging number of first jabs, says Martin Kingston, chair of Business […]
News in South Africa 6th July: 1. Covid cases take a downturn: The rolling seven-day average of daily infections in Gauteng has shown a downward turn – though scientists say it is too early to celebrate, and the decline would have to continue for several days before it can be considered a trend. The Council […]
