News in South Africa 8th August: 1. Alerts issues over taxi violence: Tensions between the City of Cape Town and the taxi council have boiled over, resulting in several countries issuing an alert to their citizens planning on travelling to the city – with some suggesting they delay their trips if possible to avoid harm. […]
News in South Africa 4th July: 1. Food supply under threat: PwC has warned that South Africa is at risk of heightened food insecurity with load-shedding, adverse weather, and deteriorating infrastructure disrupting the country’s food supply. This is from the financial advisory firm’s South Africa Economic Outlook, released in June, where it discussed how businesses […]
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 […]
News in South Africa 20th March: 1. D-Day for national shutdown: In just a few hours, Julius Malema and his political party, the Economic Freedom Fighters (EFF) will attempt to shut down the country. He is urging party members to protest in full force and without fear. Some government leaders have warned that this will […]
News in South Africa 15th March: 1. Big risks ahead for businesses: Risks to business in South Africa are changing rapidly, and it’s keeping insurers awake at night, says Lizo Mnguni, spokesperson for Old Mutual Insure. Such risks are likely to impact the insured during 2023 and significantly affect those that do not have any […]
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 3rd March: 1. R2.7b solar plant coming to the Eastern Cape: The Nelson Mandela Bay Municipality has announced plans to construct a R2.7 billion solar power plant in the area to help deal with load shedding. The Parsons Power Park project aims to bring 150MW to the area’s grid with the […]
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 28th November: 1. Organised crime threatens economy: Organised crime is fast emerging as the biggest threat to our economy. It is now more damaging than bad policy or service delivery failures. We are in the grip of an epidemic with large industries from mining to construction being targeted by extortion rackets. This […]
News in South Africa 17th October: 1. Transnet strike drags on: Workers from the SA Transport and Allied Workers Union (Satawu) have rejected the Commission of Conciliation Mediation and Arbitration (CCMA)’s recommendations to try and solve its wage dispute with Transnet. The CCMA Commissioner proposed a settlement between the two parties on Thursday. Estimates are […]
