News in South Africa 20th September: 1. Rand nears 2020 lows: The rand dipped early on Tuesday, trading near its weakest against the dollar since 2020, as financial markets braced for this week’s US Federal Reserve meeting where an aggressive interest rate hike is expected. At 0555 GMT, the rand traded at R17.69 against the […]
News in South Africa 31st December: 1. New lockdown level 1 rules: President Cyril Ramaphosa’s cabinet has approved new adjusted level 1 lockdown rules for South Africa. In a statement on Thursday (30 December), the presidency said that this will include the lifting of the country’s evening curfew which has been in place since March […]
News in South Africa 10th November: 1. Restaurants load shedding struggles: Restaurants roll out generators to fight load shedding – at a cost of R1,000 per hour. South Africa’s embattled restaurant industry is being battered by load shedding, turning to petrol and diesel generators to keep the lights on. But record-high fuel prices, following months […]
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 16th August: 1. Third wave hits Cape and Natal: The Western Cape and KwaZulu-Natal are now driving the third wave of Covid-19 in South Africa, with a spike in cases in the latter province as a result of riots and looting in huge crowds in mid-July. KwaZulu-Natal is in its third […]
News in South Africa 19th July: 1. Looting damages excessive: It is not yet clear just how extensive the destruction of particularly retail and warehouse property and the looting of stock in the unrest in KwaZulu-Natal and Gauteng was. On Friday night (July 16), President Cyril Ramaphosa referenced “preliminary reports compiled by NatJoints [the National […]
News in South Africa 7th July: 1. PPE corruption investigations halted: Briefings on investigations into various cases of PPE corruption and other Covid-related contracts had to be put on hold this week. The report on the health department’s dodgy R150-million Digital Vibes tender, which benefited Health Minister Zweli Mkhize but then got him put on special leave, […]
News in South Africa 6th July: 1. Covid cases take a downturn: The rolling seven-day average of daily infections in Gauteng has shown a downward turn – though scientists say it is too early to celebrate, and the decline would have to continue for several days before it can be considered a trend. The Council […]
