News in South Africa 17th January: 1. Social unrest warning: South Africa is becoming increasingly fragile as it loses key social cohesion functions, risking increased violence, dissatisfaction and social unrest. This is the view of Wits governance expert Professor Alex van den Heever, who told SABC News that South Africa is showing an increase in fragility. His […]
News in South Africa 4th September: 1. Social unrest warning: South Africa is at high risk of social unrest due to its high unemployment, rising inequality, and increased lawlessness. PwC senior economist Xhanti Payi told 702 that South African companies will face increased uncertainty and volatility until the country addresses its major social problems. “This is something […]
News in South Africa 14th July: 1. Rand breaks through R18/$: The rand broke through the psychologically important R18/$ level for the first time in just over three months on Thursday, boosted by positive US data, along with hopes that Chinese stimulus will offer support to commodity prices. The local currency reached R17.99/$ in mid-morning […]
News in South Africa 12th June: 1. Food inflation easing: Food prices in South Africa continue to increase at a startling rate, although the pace of acceleration is easing and possibly faster than is reflected in the official data so far. The cost of a basket of goods in Bloomberg’s South African Shisa Nyama Index, designed […]
News in South Africa 23rd May: 1. Critical nursing shortage: South Africa is facing a critical shortage of nurses as private hospitals are restricted from training more of caregivers, according to the country’s largest private healthcare network. Although most South African hospitals have their own nursing colleges, only designated universities can issue professional nursing qualifications. […]
News in South Africa 22nd May: 1. Stage 8 all but certain: Business interest group BLSA says that stage 8 load shedding is all but certain in the coming months, warning that companies relying on diesel to keep their operations going during outages will be hit even harder as the lights go out for as […]
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 10th August: 1. Inflation worsens gender pay gap: Women across the world are feeling the pinch as inflation rockets while the gender pay gap persists. South Africa is ranked at number 123 out of 146 countries in the Global Gender Gap Report for 2022. In South Africa, the issue was pushed firmly back […]
News in South Africa 11th July: 1. Riot risks rising: Top business and government officials have warned that South Africa is set to face a repeat of the July 2021 riots as very little has been done to address the issues facing the country over the last year. Business Unity South Africa chief executive Cas […]
News in South Africa 12th January: 1. Upcoming risks for South Africa: The World Economic Forum (WEF) has published its global risks report, detailing some of the key risks facing South Africa over the coming years. The forum said that Covid-19 and its economic and societal consequences continue to pose a critical threat to the […]
