News in South Africa 5th September: 1. Fuel price decrease: The Road Freight Association is one of several industries that have welcomed this week’s expected fuel price drop. After months of unbearable price hikes, the Central Energy Fund’s latest data predicts that 95-octane petrol is expected to decrease by around R2.35c. For Gauteng residents, this […]
News in South Africa 2nd August: 1. Visa processing delayed: Visa processing delays are frustrating South Africans who are looking to travel abroad, with appointments for interviews with the United States (US) consulate only available from February 2023. “Visa availability continues to be a struggle for travellers,” warned corporate and online travel management company Rennies […]
News in South Africa 27th July: 1. Ramaphosa’s Eskom solutions: Eskom will on an urgent basis in the next three months accelerate efforts to add new generation capacity to its faltering grid. The intervention was among a raft of energy security plans for the country announced by president Cyril Ramaphosa during an address to the […]
News in South Africa 26th July: 1. The ‘real’ value of the rand: The Economist has updated its Big Mac Index for mid-2022, showing how the rand continues to be one of the most undervalued currencies globally, relative to the US dollar. The Big Mac Index is an initiative created by The Economist that aims […]
News in South Africa 18th May: 1. Sanral cancels R17.47bil in tenders: The South African National Roads Agency (Sanral) has cancelled adjudicated tenders to the value of R17.47 billion in the past week, throwing the sustainability and viability of South Africa’s civil engineering industry into doubt. The tender for the Eastern Cape’s new Mtentu River […]
News in South Africa 10th May: 1. Load shedding continues: Eskom said you should anticipate more power cuts this week as the increase in electricity demand is overwhelming its system, especially during peak hours. The embattled power utility implemented stage 2 load shedding Monday evening after its generation units tripped. “At the same time, a […]
News in South Africa 5th May: 1. New Covid rules for travel: South Africa has a new set of coronavirus entry rules for travellers from 5 May, after a late-night update to regulations, just hours before interim measures were due to lapse. Health minister Joe Phaahla established the new Covid-19 rules under his power to deal […]
1. PCR tests and travel issues: South Africa’s coronavirus-induced state of disaster has ended, but some transitional regulations remain, including rules on entering the country, which could complicate family holidays. This new phase sees an end to the state of disaster, announced on Monday night, and a transition to legislation within the National Health Act that deals […]
News in South Africa 9th March: 1. Stage 4 load shedding: Eskom has announced that it will move to stage 4 load shedding at 09h00 on Wednesday (9 March) due to a further breakdown in units. The power utility said stage 4 load shedding will continue until 05h00 on Friday (11 March), thereafter load shedding […]
News in South Africa 7th March: 1. Crude oil surges over $130: Crude oil prices surged nearly 10% on Sunday evening to top $130 a barrel on fears of a supply crunch. Oil’s relentless price rise comes on the back of fears about a supply crunch after American Secretary of State Antony Blinken told NBC’s “Meet […]
