Five Newsworthy Things in SA 12th February 2024:

News in South Africa 12th February: 1. Budget Speech incoming: Budget Speech season is here and based on Finance Minister Enoch Godongwana’s mid-term presentation, we can expect many complex challenges to be unpacked. Godongwana has projected that the government will miss its revenue targets by nearly R57 billion for the 2023/24 tax year, and then […]

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Five Newsworthy Things in SA 15th January 2024:

News in South Africa 15th January: 1. Massive electricity price hike: Despite having the worst year of load shedding in 2023, and many analysts noting it is firmly here to stay in 2024, South Africans must prepare for another double-digit Eskom tariff increase this year. In December 2023, the High Court of South Africa rejected […]

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Five Newsworthy Things in SA 9th November 2022:

News in South Africa 9th November: 1. COP27 pledges $10bil to go green: South Africa is one of the winners at COP27 — the International Partner Group (IPG) of five nations pledged an extra $10-billion to support the country’s transition investment plan from fossil fuels  — but it will be costly. This was announced by […]

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Five Newsworthy Things in SA 5th January 2022:

News in South Africa 5th January: 1. Companies named in state capture: Zondo’s report on state capture “will consist of manageable volumes” to deal with different state-owned enterprises (SOEs) to “enable anyone who wishes to read a part of the report that relates to a specific SOE or topic to take the particular volume and […]

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Five Newsworthy Things in SA 5th November 2021:

News in South Africa 5th November: 1. ANC gets 46% in local elections: South Africa entered new political territory on Thursday as most voters turned against the ANC for the first time in the democratic era. The ANC suffered a historic loss, ending the elections with 46% of the vote, followed by the DA with […]

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Five Newsworthy Things in SA 28th May 2021:

News in South Africa 28th May: 1. Karpowership fights back: Karpowership SA has fired back at claims that its potential R225-billion power supply deal with Eskom is tainted by corruption. Explosive allegations were made by DNG Power Holdings, a rival bidder in the government’s Risk Mitigation Independent Power Producer Procurement Programme (RMI4P), in a court […]

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Five Newsworthy Things in SA 21st May 2021:

News in South Africa 21st May: 1. Economic recovery unlikely: Finance minister Tito Mboweni told parliament that economic recovery will remain elusive as long as incompetent administration and poor financial management at municipalities remained unresolved. Mboweni was speaking in the National Assembly on Thursday while outlining the policy priorities and spending plans (budget vote) of […]

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Five Newsworthy Things in SA 26th March 2021:

News in South Africa 26th March: 1. SAA grounded despite bailouts: SAA’s business rescue process is almost at an end, but despite billions in money forked over by government in bailouts, there is still no real plan to get the restructured airline off the ground. Business rescue practitioners Siviwe Dongwana and Les Matuson notified the […]

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Five Newsworthy Things in SA 23rd March 2021:

News in South Africa 23rd March: 1. Government vaccine rollout too slow: The private sector is getting impatient with government’s slow rollout of the Covid-19 vaccine, with many attempting – and failing – to secure their own doses for employees and their families, meeting with a lot of red tape. Government has managed to only […]

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Five Newsworthy Things in SA 12th March 2021:

News in South Africa 12th March: 1. Eskom will not be privatised: Government has no intention to privatise power utility Eskom, said Public Enterprises Minister Pravin Gordhan. The minister was addressing a debate on the privatisation of Eskom during a mini-plenary session of the National Assembly on Thursday. “There is much work to be done […]

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