News in South Africa 28th February: 1. Great news for braai lovers: The Bureau for Food and Agricultural Policy (BFAP) latest food inflation brief points to an easing of meat prices in South Africa across the board – even for chicken pieces, following a heavy-hitting avian flu crisis at the end of 2023. The group […]
News in South Africa 7th September: 1. Worst areas for crime in SA: Although crime ticked downward in South Africa in the first quarter of 2023, the numbers still remain alarmingly high, with several neighbourhoods highlighted as being more dangerous than others. The latest South African Polic Service (SAPS) crime stats from April to June […]
News in South Africa 28th June: 1. Eskom issues new rules for grid access: Eskom is doing away with its “first come, first served” principle for projects applying for grid access. It now wants developers to demonstrate that their projects are shovel-ready and will be able to add generation capacity before making grid allocations. Speaking […]
News in South Africa 23rd June: 1. Renewables put on hold: As South Africa ramps up its roll-out of renewable energy, it is now confronting the same challenge faced by countries across the globe. Depleted grid capacity in resource-rich areas is making it increasingly difficult to connect new renewable energy projects to the grid, particularly […]
News in South Africa 4th January: 1. Petrol price drop: Motorists can breathe a sigh of relief this week with petrol and diesel prices seeing a substantial drop in the price from Wednesday, 4 January. However, households will remain under pressure due to high food costs, analysts warn. Petrol prices will be coming down by […]
News in South Africa 12th September: 1. Load shedding adverse effects: South Africa’s plans to add 5,200MW of renewable energy to its grid faces pressure from a perfect storm of global events, which will push up prices and hamper progress. Business Leadership South Africa chief executive officer Busi Mavuso said that South Africa risks falling […]
News in South Africa 17th August: 1. Investment in woman-owned businesses: The Mineworkers Investment Company (MIC) wants to invest R150 million in emerging black-owned businesses. The MIC, through its venture capital initiative, MIC Khulisani Ventures, has launch the second window of applications to support what it calls high growth potential and innovative businesses. It is offering […]
News in South Africa 4th April: 1. Petrol hike lower than feared: A stronger rand exchange rate and the government’s decision to intervene on higher costs means South Africa’s ‘record’ petrol price hike this week will be comparatively muted, say economists at the Bureau for Economic Research (BER). The government’s intervention to reduce the general […]
News in South Africa 27th October: 1. Short supply knocks alcohol industry: After suffering deep financial losses due to the government’s Covid-19 lockdown and alcohol bans, liquor producers and retailers now have to contend with supply shortages and shipment delays ahead of the festive season. Savanna maker Distell is hard at work to ensure that […]
News in South Africa 29th September: 1. Political gains over pandemic: Ministerial Advisory Committee insiders have expressed disappointment at the recent handling of the Covid-19 pandemic in South Africa, saying that politics is now taking centre stage and is the main driving force behind how the regulations are being handled. Laws have been introduced under […]
