News in South Africa 17th January: 1. Hardships pile up for consumers: Economists are raising red flags over higher inflation rates, which will invariably lead to more interest rate hikes from the South African Reserve Bank (SARB) as South Africans continue to sit under the pressure of high levels of load shedding and a massive […]
News in South Africa 24th August: 1. Vehicle industry slashing jobs: Automakers from General Motors to Toyota are on a mission to phase out gasoline vehicles. And while a future full of clean, electric cars will help reduce harmful emissions and stunt climate change, it may spell disaster for the thousands of auto workers whose jobs will be rendered […]
News in South Africa 4th July: 1. Basic food prices up 15%: The latest Household Affordability Index from the Pietermaritzburg Economic Justice & Dignity Group shows that the price of a basic household food basket is up by 13.6% year-on-year in June. This basket now costs R4 688 and is a R560 increase from a year ago. […]
News in South Africa 31st March: 1. Motion of no confidence fails: The Democratic Alliance (DA)’s motion of no confidence in President Cyril Ramaphosa’s Cabinet has failed in the National Assembly. After a lengthy roll-call voting process, members of Parliament completed voting with more than half of those present voting against the motion. Deputy Speaker […]
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 […]
