News in South Africa 18th March: 1. Eskom costs keep rising: New research from the CSIR revealed that Eskom produced less electricity in 2020 than it did in 2010, but the cost to produce this electricity has tripled. The Council for Scientific and Industrial Research (CSIR) recently released its annual statistics on power generation in […]
News in South Africa 10th March: 1. Ratings agencies doubtful of budget targets: Ratings agencies doubt that finance minister Tito Mboweni will meet his 2021 budget targets, highlighting the various challenges faced by South Africa in trying to stabilise its debt. Mboweni said that South Africa’s debt-to-GDP ratio will peak at 88.9% in 2023, down […]
News in South Africa 2nd March: 1. Unions aim high with wage demands: Union insiders stated that the decision by public-sector unions to publicly share details of this year’s wage demands was a desperate move to appear active to disgruntled members who were resigning in droves. In a pre-emptive unprecedented move, unions on Monday revealed they […]
News in South Africa 23rd February: 1. Lessons learned from second wave: We’re past the worst of our second COVID wave, but experts warn that South Africa will almost certainly be facing a third and fourth wave — possibly with more infections and deaths than in previous waves. A third wave could be only three months […]
News in South Africa 16th February: 1. SA Express to be funded: Fly SAX, a worker owned entity, has suspended its bid to raise seed funding to buy cash-strapped regional airline SA Express through crowdfunding platform Uprise Africa. The seed funding will instead be raised by an anchor investor who will recapitalise SA Express and […]
News in South Africa 8th February: 1. AstraZeneca ineffective against local Covid variant: The roll-out of the AstraZeneca vaccine to South Africa’s health workers has been temporarily halted following results showing low efficacy against the South African variant of the coronavirus. South African health workers will now receive the Johnson & Johnson single dose vaccine […]
News in South Africa 5th February: 1. Future alcohol bans still a possibility: The blanket ban on alcohol sales might be over, but the legal battle between South African Breweries (SAB) and Minister of Cooperative Governance and Traditional Affairs (Cogta) Nkosazana Dlamini-Zuma is not. And, according to an affidavit filed by the minister in the […]
News in South Africa 3rd February: 1. Calls for transparency with vaccine tenders: The Standing Committee on Public Accounts (Scopa) has sent a letter to the ministers of health and finance calling for open tender processes for the storage and distribution of the Covid-19 vaccine. The committee has requested the two ministers in the letter […]
