News in South Africa 10th May: 1. Good news for food prices: South Africans can breathe a sigh of relief as experts predict that food inflation is set to decelerate this year. Consumers have been facing a tough economic climate, with inflation, interest rate hikes, and load shedding all taking their toll. According to Stats SA, […]
News in South Africa 26th April: 1. Joburg loses nearly half its water: The City of Johannesburg loses nearly half of the water it provides on a daily basis. Johannesburg Water’s so-called “non-revenue water” (NRW), a bland term municipalities use to measure the portion of water lost due to leaks or non-billing, is now at […]
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 […]
News in South Africa 12th April: 1. Home Affairs in termination of ZEP system: One of the most important human rights cases of recent decades got underway in the Pretoria High Court on Tuesday, with no fewer than four separate cases challenging Home Affairs Minister Aaron Motsoaledi’s decision to terminate the Zimbabwean Exemption Permit (ZEP) […]
News in South Africa 29th March: 1. Investigation on essential food prices: South Africa’s Competition Commission said it’s investigating the price of a range of essential-food products, after consumers were subjected to “unjustified increases” over the past two years. A probe is being conducted into the cost of goods, including bread, cooking oils, corn meal, […]
News in South Africa 28th March: 1. Civil servants may accept pay hike: South African public servants are likely to accept the government’s latest wage offer, according an initial estimate of a ballot of labour-union members. Employee groups representing about 1.3 million government workers are currently seeking a mandate from their members to accept a […]
News in South Africa 23rd March: 1. Extreme concern among consumers: South African consumers are highly stressed and hold no high hopes for an easier time in 2023, the latest FNB/BER Consumer Confidence Index (CCI) shows – but wealthier consumers, with the greatest spending power, are the most down in the dumps. After showing some […]
News in South Africa 20th March: 1. D-Day for national shutdown: In just a few hours, Julius Malema and his political party, the Economic Freedom Fighters (EFF) will attempt to shut down the country. He is urging party members to protest in full force and without fear. Some government leaders have warned that this will […]
News in South Africa 17th March: 1. Groceries cost 50% more: Over the past year, overarching factors such as geopolitical unrest, a weaker rand, and persistent and escalating load shedding have elevated food price inflation in South Africa – resulting in most consumers spending almost 50% more on groceries since 2019. This is according to […]
News in South Africa 15th February: 1. Inquiry into food prices launched: The Department of Trade and Industry and Competition has gazetted the terms of reference for a wide-reaching market inquiry related to the fresh produce market in South Africa, including prices. The inquiry, conducted by the Competition Commission, will investigate market conditions all along […]
