News in South Africa 22nd April: 1. Renewed surge of infections globally: The renewed surge in Covid-19 infections is threatening to further divide the world economy between the rich and poor, potentially damaging overall global growth if the fresh outbreaks spread or if key sources of demand falter. More people were diagnosed with Covid-19 last […]
News in South Africa 7th December: 1. Matric examination rewrite faces opposition: A lawyer representing concerned matric pupils is threatening to go to court to force the department of basic education to reverse its decision to get grade 12s to rewrite maths paper 2 and physical science paper 2. This comes in the wake of […]
News in South Africa 20th October: 1. Eskom growing debt ignored: Three plans finalised in recent weeks that seek to revive SA’s weak economy have sidestepped a crucial Eskom matter: how to reduce the power utility’s crippling debt that is approaching R500-billion. The plans – all drafted with feedback from the government, business, labour, and […]
News in South Africa 13th October: 1. UIF running out of money: In a report released last month, the Auditor-General outlined that Unemployment Insurance Fund’s (UIF’s) Covid-19 Temporary Employer-Employee Relief Scheme (Ters) payments were made to dead people, children, prisoners as well as foreigners who had no made contributions to the fund for 12 months. […]
News in South Africa 8th October: 1. Pick n Pay warns of profit fall: Pick n Pay warned that its headline profit will fall by between 50% and 60% in the six months to end-August. Core retail sales – including food, groceries and general merchandise, but excluding liquor, clothing and tobacco – grew 8.7% year-on-year […]
