Five Newsworthy Things in SA 22nd August 2023:

News in South Africa 22nd August: 1. Missteps impact country growth: South Africa is suffering a death by 1,000 cuts from repeated own goals, such as the country’s elevated load-shedding levels, logistical inefficiencies, and financial greylisting.  Standard Bank CEO Sim Tshabalala told Newzroom Afrika that the negative impact of repeated missteps by South Africa is […]

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Five Newsworthy Things in SA 25th July 2023:

News in South Africa 25th July: 1. Rand makes a comeback: The rand is looking set for a tough week ahead, with US rate hikes likely to weaken the local currency. The rand has been one of the worst-performing major currencies in the world and reached a record high of nearly $20.00/$ in May. The […]

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Five Newsworthy Things in SA 9th June 2023:

News in South Africa 9th June: 1. South Africa risks losing R613 billion: South Africa stands to lose as much as $32.4 billion in export revenue, almost a 10th of its gross domestic product, should some of its main trading partners retaliate against its unwillingness to take a stance against Russia’s war in Ukraine. “Together, […]

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Five Newsworthy Things in SA 30th May 2023:

News in South Africa 30th May: 1. Sanction warning: The South African Reserve Bank (SARB) has warned of dire consequences should the country face censure due to its stance on Russia’s invasion of Ukraine. At worst, secondary or indirect sanctions could be imposed on the country and lead to a sudden halt to capital inflows […]

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Five Newsworthy Things in SA 15th May 2023:

News in South Africa 15th May: 1. US won’t sanction SA over weapons row: South African Finance Minister Enoch Godongwana said his country resolved a row with the US over allegations that Pretoria supplied weapons to Russia and it’s unlikely to face any repercussions.  A furore erupted on May 11, when US Ambassador to South […]

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Five Newsworthy Things in SA 12th May 2023:

News in South Africa 12th May: 1. Cyril investigates arming Russia allegations: South African President Cyril Ramaphosa instituted an inquiry into allegations that the country supplied weapons and ammunition to Russia, despite Pretoria having taken a neutral stance on its invasion of Ukraine. Ramaphosa announced the probe on Thursday, hours after US Ambassador to South […]

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Five Newsworthy Things in SA 10th January 2023:

News in South Africa 10th January: 1. Eskom questioned for solutions: With chronic power cuts continuing to bedevil South Africans, Parliament wants answers from Eskom. Public Enterprises committee chairperson Khaya Magaxa said Eskom management will be called to Parliament even before it officially opens next month. The country experienced unprecedented load shedding last year, including […]

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Five Newsworthy Things in SA 5th December 2022:

News in South Africa 5th December: 1. Load shedding issues worsen: While South Africa’s political space sits in a state of turmoil, the country’s power situation has been there for a long time – and is expected to get worse when Koeberg Unit 1 is pulled offline this week. On Thursday, 8 December 2022, Unit 1 […]

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Five Newsworthy Things in SA 21st September 2022:

News in South Africa 21st September: 1. Eskom to burn R17bn in diesel: As part of Eskom’s updated assumptions for its tariff application for next year, the utility has said it plans to use R16.8 billion of diesel in its next financial year, which starts in April. This is a substantial increase from the amount […]

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Five Newsworthy Things in SA 16th August 2022:

News in South Africa 16th August: 1. New border laws: The Department of Home Affairs has announced the commencement of South Africa’s new border management laws, which take effect this week. The Border Management Authority (BMA) Act has taken effect from Monday, 15 August, with most sections commencing, according to Home Affairs minister, Aaron Motsoaledi. […]

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