News in South Africa 29th July: 1. Hospitals and staff overwhelmed: While South Africa may be past the peak of the third wave, hospitals and medical staff are suffering aftershocks as admissions continue to rise. The peak of the wave reflects a topping out of new infections – however, those new cases tend to flood […]
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 […]
News in South Africa 25th February: 1. Budget speech – response largely positive: he response to National Treasury’s 2021 budget has been broadly positive, with analysts praising the finance minister for sticking to his guns on cutting spending, while dropping plans to raise more taxes. However, it has not been without controversy, particularly from the […]
News in South Africa 24th February: 1. Budget speech at 14:00 today: Finance minister Tito Mboweni will deliver the 2021 budget this afternoon at 14h00. Analysts and economists are not hopeful of any significant strides in turning the South African economy around, given tight budgetary constraints and little wiggle room on both the revenue and […]
News in South Africa 22nd February: 1. Tito’s Budget Speech this week: The week will be dominated by finance minister Tito Mboweni’s Budget 2021 on Wednesday. While government’s tax income was hit by the pandemic, including bans on cigarette and alcohol sales, there has been a surge in tax from mining companies – which is helping […]
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 29th January: 1. Eskom to collect R6 billion from customers: Eskom has announced that the price of electricity in South Africa will increase from 1 April 2021. This is as a result of three decisions made by the National Energy Regulator of South Africa (Nersa), which Eskom said will bring electricity […]
News in South Africa 27th November: 1. Black Friday shopping warning: Long queues and crowds are a common feature of Black Friday as consumers hunt down the best deals — and health minister Zweli Mkhize has cautioned shoppers to be careful to avoid any chance of contracting Covid-19. Mkhize said consumers should make sure their Black […]
News in South Africa 28th October: 1. D-Day for mid-term budget: The medium-term budget will be announced this afternoon, and all eyes will be on government’s plans to deal with the public wage bill, its ballooning debt, and its struggling state-owned enterprises – particularly SAA. As at the latest Budget in June 2020, the Treasury estimated […]
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 […]
