Five Newsworthy Things in SA 27th February 2024:

News in South Africa 27th February: 1. Major new financial laws: The highly anticipated Conduct of Financial Institutions (COFI) Bill is set to have major ramifications across several industries. Although the Bill is unlikely to be tabled before Parliament rises ahead of the elections on May 29 2024, marketplaces are both excited and cautious. The Bill […]

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Five Newsworthy Things in SA 18th December 2023:

News in South Africa 18th December: 1. Meat is back on the menu: Despite food price inflation remaining well outside the Reserve Bank’s headline inflation target range of 3%-6%, meat prices in South Africa are continuing their downward trend. This is according to the latest food inflation brief from the Bureau for Food and Agricultural […]

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Five Newsworthy Things in SA 12th December 2023:

News in South Africa 12th December: 1. NHI means more tax and less benefits: The National Health Insurance (NHI) Bill last week got the nod from the National Council of Provinces and has now been plonked in the lap of President Cyril Ramaphosa. Other than expropriation without compensation, few statutory artefacts have elicited such exasperation from those […]

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Five Newsworthy Things in SA 13th September 2023:

News in South Africa 13th September: 1. Stage 6 load shedding: South African electricity outages remain at record levels despite the state power utility burning through vast quantities of diesel to bolster output. Eskom said Tuesday that Stage 6 power cuts, whereby 6,000 megawatts of capacity is removed from the grid to prevent a total […]

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Five Newsworthy Things in SA 8th August 2023:

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. […]

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Five Newsworthy Things in SA 14th February 2023:

News in South Africa 14th February: 1. Rand crashes through R18/$: The rand is trading on the wrong side of R18/$ for the first time in more than three months, as expectations grow that US interest rates may still climb much higher. On Monday morning, the local currency declined to R18.06/$, after trading around R17.50 […]

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Five Newsworthy Things in SA 15th September 2022:

News in South Africa 15th September: 1. 8.5mil vaccines to be destroyed: The government plans to destroy 8.5 million doses of the Covid-19 vaccine produced by pharmaceutical company Pfizer at the end of October. This, some experts said, casted a damning spotlight on how South Africa’s Covid-19 vaccination campaign had missed the mark. The situation […]

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Five Newsworthy Things in SA 22nd September 2021:

News in South Africa 22nd September: 1. Delta variant only variant of concern: The World Health Organisation says that the delta variant of Covid-19 has all but wholly replaced most other variants of concern in testes samples across the world, with the alpha, beta and gamma variants only turning up in around one percent of […]

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Five Newsworthy Things in SA 30th July 2021:

News in South Africa 30th July: 1. Vaccine rollout gains momentum: South Africa’s Covid-19 vaccine rollout is gaining momentum as it opens to younger age groups. A third of the country’s total jabs have been administered in the past two weeks alone. South Africa’s vaccination rollout got off to a shaky start due to procurement […]

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Five Newsworthy Things in SA 8th October 2020:

News in South Africa 8th October: 1. Pick n Pay warns of profit fall: Pick n Pay warned that its headline profit will fall by between 50% and 60% in the six months to end-August. Core retail sales – including food, groceries and general merchandise, but excluding liquor, clothing and tobacco – grew 8.7% year-on-year […]

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