Five Newsworthy Things in SA 24th January 2024:

News in South Africa 24th January: 1. SARB decision tomorrow: The South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) is set to meet again this Thursday, 25 January, and most experts believe this meeting will be uneventful as the committee will keep the repo rate unchanged. Since the current interest rate hiking cycle started […]

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Five Newsworthy Things in SA 31st October 2023:

News in South Africa 31st October: 1. Election clean up: South Africans should use next year’s elections to vote out “useless” politicians who have failed to prioritise jobs and drive investment, and choose leaders who will get the struggling economy back on track, according to one of the country’s top bankers.  “You have to have […]

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Five Newsworthy Things in SA 18th January 2021:

News in South Africa 18th January: 1. Tax hike for vaccination funding: South Africa’s National Treasury is considering raising taxes as one of several possible mechanisms to fund the vaccination drive against Covid-19 it was reported. The government viewed the vaccines as a public good and was committed to financing their rollout, with or without […]

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Five Newsworthy Things in SA 8th December 2020:

News in South Africa 8th December: 1. ANC tackling internal corruption: President Cyril Ramaphosa has taken a hard line at the ANC national executive committee (NEC) meeting, stressing that all leaders are bound by party resolutions while the debate over whether the corruption-accused secretary-general, Ace Magashule, should step aside rages on. The president stressed that […]

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Five Newsworthy Things in SA 19th November 2020:

News in South Africa 19th November: 1. Reserve Bank – interest rate decision today: The Reserve Bank’s monetary policy committee will announce its interest rate decision later today. Most economists don’t expect a cut. South African interest rates have already been cut by 300 basis points since the start of the year – much more […]

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Five Newsworthy Things in SA 18th November 2020:

News in South Africa 18th November: 1. Courts rule against Santam: The Western Cape High Court has ruled in favour of Ma-Afrika Hotels and Stellenbosch Kitchen in the high-profile Covid-19 business interruption claims battle against JSE-listed insurance giant Santam. In a resounding judgment handed down on Tuesday afternoon, South Africa’s largest short-term insurer was ordered […]

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Five Newsworthy Things in SA 16th October 2020

News in South Africa 16th October: 1. Economic recovery plan questioned: President Cyril Ramaphosa addressed a joint sitting of Parliament on Thursday to present the economic recovery plan for South Africa. He detailed the “fix” for the country exactly seven months after first declaring a national state of disaster. The president summarised the objectives of […]

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