News in South Africa 8th September: 1. Global economy worsening: The global economic outlook is getting cloudier, not clearer. While market volatility is expected, investment strategies should ideally reflect one’s personal circumstances – not current market conditions. The last week or so saw a broad sell-off across global bonds, credit, equities, and property. Commodity prices […]
News in South Africa 11th November: 1. Mid-Term budget speech today: Finance minister Enoch Godongwana will deliver his maiden Medium Term Budget Policy Statement (MTBPS) at 14h00 on Thursday (11 November). The MTBPS can be viewed through several channels, including TV services like DStv, news channels, and live-streaming sources like YouTube. You can watch the […]
News in South Africa 10th September: 1. Mandatory vaccines for Sanlam staff: Insurer Sanlam is working on a policy for mandatory Covid-19 vaccinations for its staff, citing workplace safety and prevention of loss of life. The company, which is Africa’s largest insurer, said the policy will apply to all employees in its South African operations, […]
News in South Africa 12th May: 1. Beitbridge border tender: The department of public works and infrastructure told the standing committee on public accounts (Scopa) on Tuesday that plans were afoot to issue tenders as part of solutions to adequately fence and secure the country’s borders. This follows the dismal failure of the 40km razor […]
News in South Africa 12th April: 1. Sugar tax a success: Three years ago South Africa introduced Africa’s first major tax on sugar-sweetened beverages based on grams of sugar. The tax now stands at about 11% of the price per litre. The impact was assessed in recently published research. It was found that the health […]
News in South Africa 4th February: 1. 3.1 Million vaccines from Covax: South Africa is expected to get another 3.1 million doses of the Coronavirus vaccine in the first half of this year. COVAX has announced that around 2.8-billion jabs from AstraZeneca and 117,000 from Pfizer should be made available to South Africa. That is if the vaccines are […]
News in South Africa 20th January: 1. Funding for vaccines ‘won’t be a problem’: President Cyril Ramaphosa says that finding funds for the Covid-19 vaccine rollout ‘won’t be a problem’. The president did not specify why it wouldn’t be a problem or where the money would come from, given South Africa’s dire financial state. Treasury […]
News in South Africa 18th January: 1. Tax hike for vaccination funding: South Africa’s National Treasury is considering raising taxes as one of several possible mechanisms to fund the vaccination drive against Covid-19 it was reported. The government viewed the vaccines as a public good and was committed to financing their rollout, with or without […]
News in South Africa 27th October: 1. Another lockdown impossible: Economists and analysts say that another hard lockdown in South Africa will be an impossible situation – which could lead to ‘state violence’. As second- and third waves of Covid-19 sweep the US, Europe and other parts of the world, with South Africa’s infection rate […]
