News in South Africa 2nd August: 1. US stripped of AAA rating: The US was stripped of its top-tier sovereign credit grade by Fitch Ratings, which criticized the country’s ballooning fiscal deficits and an “erosion of governance” that’s led to repeated debt limit clashes over the past two decades. The credit grader cut the US […]
News in South Africa 15th December: 1. Joburg gets a break from load shedding: Power utility Eskom says it will give the City of Johannesburg’s City Power a reprieve from load shedding. This follows requests from the city this week for a three-day break from rolling blackouts so it could attend to disaster-struck areas. “Eskom […]
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 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 […]
News in South Africa 23rd April: 1. Union vs govt war possibility: As unions wait for government to respond to public wage demands today, there is a view from leaders that a ‘war’ with government is unavoidable at this stage. The union said it’s left confused as to why Public Service and Administration Minister Senzo Mchunu would […]
