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 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 11th April: 1. Eskom debt relief extends to municipalities: National Treasury is rolling out an ambitious plan to rid struggling municipalities of their ever-growing debt to Eskom, but only if they adhere to strict conditions to permanently change problematic behaviour at council and consumer level. If successful, the plan – set […]
News in South Africa 13th March: 1. South Africa is in trouble: Whether South Africa is pushed into a full recession in 2023 or not, the country’s economy is in trouble, say economists at the Bureau for Economic Research (BER). The country was hit with a barrage of bad news last week – starting with […]
News in South Africa 10th March: 1. Infrastructure collapsing under R79bn debt: By the end of December 2022, the total debt owed by around 100 municipalities to Eskom totalled R56.3 billion. Just 15 months prior, at the end of September 2021, total municipal debt to Eskom was R40.9 billion. That’s an increase of nearly 40% […]
News in South Africa 10th February: 1. SONA 2023 disappointing: Reactions to president Cyril Ramaphosa’s State of the Nation Address are flooding in, with most commentators left wanting. Ramaphosa delivered his by-the-numbers address on Thursday evening (9 February), featuring all the qualities South Africans have come to expect from the annual event. Proceedings were disrupted […]
News in South Africa 3rd February: 1. Water supply a major concern: As load-shedding intensified on Wednesday there were concerns that Gauteng municipalities which suffered from water shortages would again have more communities with dry taps. On Wednesday the power utility implemented stage 6 load-shedding from stage 5 the previous day. The utility again moved to stage […]
News in South Africa 26th January: 1. Sarb expected to moderate rate hikes: South Africa’s central bank is set to moderate its most aggressive interest-rate hiking cycle in at least two decades Thursday, and economists and traders will be on high alert for any signs of a pivot away from policy tightening. The median expectation […]
News in South Africa 20th January: 1. Four day work week debate: The four-day workweek, and the flexibility it could provide, is a hot topic at the annual World Economic Forum in Davos, Switzerland, this year. This comes shortly after the results of a six-month trial on the subject were released. It found participating companies had increased revenue and […]
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 […]
