News in South Africa 22nd January: 1. High interest rates crushing households: Economist and independent analyst Dr Roelof Botha said the South African Reserve Bank’s (SARB) high interest rates have created a “self-inflicted pandemic” in the country as households struggle to get by. Botha’s comments were made in light of the Altron FinTech Household Resilience Index for […]
Five Newsworthy Things in SA 8th January 2024:
News In South Africa 8th January: 1. Elections pose major risk to economy: South Africa’s upcoming national elections pose a major risk to the local economy, with policy uncertainty remaining elevated and investors wary of investing in the country entering uncharted political waters. This risk was highlighted by the North-West University (NWU) Business School in […]
Five Newsworthy Things in SA 3rd October 2023:
News in South Africa 3rd October: 1. SA has run out of money: South Africa is facing a severe budget shortfall, and with a stagnant, over-taxed tax base and massive debt, the government has run out of ways to raise more money. This is the warning from the South African Institute of Taxation CEO Keith […]
Five Newsworthy Things in SA 5th July 2022:
News in South Africa 5th July: 1. Planned petrol price changes: Director of fuel pricing mechanism at the Department of Energy, Robert Maake, says the government is working on several regulatory changes to address South Africa’s high petrol price. Speaking to radio station 702, Maake said this includes: The possible introduction of a price cap; A […]
