Five Newsworthy Things in SA 13th February 2024:

News in South Africa 13th February: 1. SA’s biggest risks: The biggest risks to South Africa’s 2024 economic outlook may come from insufficient power supply, strains on debt sustainability and the erosion of state legitimacy ahead of elections, according to Allianz. The global financial services giant estimates that South Africa’s economy will expand by 1.4% […]

Read more
Five Newsworthy Things in SA 5th September 2023:

News in South Africa 5th September: 1. Stage 6 load shedding: Power utility Eskom has announced that load shedding will be escalated to stage 6 indefinitely. With the increase in generation planned maintenance, as well as the loss of a further two generation units on Monday, the utility said that Stage 6 load shedding will […]

Read more
Five Newsworthy Things in SA 21st June 2023:

News in South Africa 21st June: 1. Sharp rise in riots: The Institute of Risk Management South Africa (IRMSA) has published the 9th Edition of the Annual Risk Report, sounding a new alarm on the various crises hitting South Africa. Among the biggest risks the country faces is growing social unrest, with the group already […]

Read more
Five Newsworthy Things in SA 5th January 2023:

News in South Africa 5th January: 1. Informal traders gain permits: The City of Johannesburg has made it easier for informal traders to get trading permits through an online registration and application platform. The city said that the digital application system would enable a trader or anyone wishing to become a trader in the region […]

Read more
Five Newsworthy Things in SA 4th January 2023:

News in South Africa 4th January: 1. Petrol price drop: Motorists can breathe a sigh of relief this week with petrol and diesel prices seeing a substantial drop in the price from Wednesday, 4 January. However, households will remain under pressure due to high food costs, analysts warn. Petrol prices will be coming down by […]

Read more
Five Newsworthy Things in SA 22nd December 2022:

News in South Africa 22nd December: 1. Load shedding filled holidays: South Africans are set for a bleak, load-shedding-interrupted ‘festive’ season as Eskom’s generating output plummets to completely new lows. At Tuesday evening’s peak, it wasn’t even able to output 23 000MW in total. This forced unprecedented overnight Stage 6 load shedding so that it […]

Read more
Five Newsworthy Things in SA 15th December 2022:

News in South Africa 15th December: 1. Joburg gets a break from load shedding: Power utility Eskom says it will give the City of Johannesburg’s City Power a reprieve from load shedding. This follows requests from the city this week for a three-day break from rolling blackouts so it could attend to disaster-struck areas. “Eskom […]

Read more
Five Newsworthy Things in SA 9th December 2022:

News in South Africa 9th December: 1. SA – US trade issues: South Africa could lose part of its preferential access to the US if its trade policies disadvantage American exporters relative to their developed-nation counterparts, according to people familiar with the matter. Thousands of South African products enter the world’s biggest market duty-free under […]

Read more
Five Newsworthy Things in SA 30th November 2022:

News in South Africa 30th November: 1. Eskom’s power station shut down plan: Eskom plans to decommission and repurpose coal-fired power plants at Camden, Hendrina, and Grootvlei at an estimated $2.6 billion (R44 billion) for the three. This follows the government decommissioning and repurposing of its oldest power station Komati in Mpumalanga, with the help […]

Read more
Five Newsworthy Things in SA 24th November 2022:

News in South Africa 24th November: 1. SARB rate hike today: The rand firmed overnight to trade below R17 to the US dollar on Thursday morning – its strongest level since late August. The local currency was trading at R16.93 at around 06:00, buoyed by news out of the US that the Federal Reserve may […]

Read more
Facebook
Twitter
LinkedIn