News in South Africa 31st August: 1. Crypto industry crashing: Nearly 5 000 crypto employees have lost their jobs since April, reflecting the crushing $1.9 trillion (R32 trillion-plus) loss in the market value of cryptocurrencies since the peak in November 2021. Data from CryptoPresales.com shows June was the most brutal month, accounting for more than 60% of the […]
News in South Africa 7th January: 1. Vaccines lower risk of dying to Omicron: Fully vaccinated individuals have 3.8 times lower risk of dying of the Omicron variant than non-vaccinated individuals. This is according to data by the Western Cape Department of Health, released in a digital briefing on Thursday, which showed the effectiveness of […]
News in South Africa 24th November: 1. Liquor traders plead for no alcohol ban: Liquor traders are pleading with the government not to act hastily in dealing with the fourth COVID-19 wave. They fear the imposition of further alcohol bans will hurt players in the sector. Having been slammed with several outright bans on alcohol […]
News in South Africa 17th November: 1. Sasria to pay our R32b for unrest: The South African Special Risk Insurance Association (Sasria) expects to pay out R32 billion to all claimants affected by the unrest that took place in KwaZulu-Natal and parts of Gauteng in July. The riots insurer together with its agent companies has […]
News in South Africa 17th September: 1. Mandatory vaccination discussion: Discussions between representatives of business, government, labour and communities will start in a few weeks on how to introduce vaccine mandates for all workers. A framework might be created that will help employers to isolate unvaccinated workers from the workplace, possibly either firing them or […]
1. Lower lockdown level soon: President Cyril Ramaphosa is expected to ease lockdown restrictions following consultations with the Health Department, the National Coronavirus Command Council, and other stakeholders this week – however, not all health experts are on board with the plan. The National Coronavirus Command Council is expected to meet with political parties and […]
News in South Africa 10th August: 1. Covid death toll exceeds reports: Health officials say the number of deaths that can be attributed to Covid-19 in South Africa is likely multiple times higher than what is officially reported. A cursory look at the latest report on weekly deaths in SA, published by the South African […]
News in South Africa 17th May: 1. Second phase of vaccines: South Africa’s second phase of the Covid-19 vaccine rollout commences today, with government targeting 6.5 million people over the next six months, as well as the remaining 500,000 healthcare workers who were not vaccinated during phase 1. Mkhize was speaking on Sunday ahead of […]
News in South Africa 16th February: 1. SA Express to be funded: Fly SAX, a worker owned entity, has suspended its bid to raise seed funding to buy cash-strapped regional airline SA Express through crowdfunding platform Uprise Africa. The seed funding will instead be raised by an anchor investor who will recapitalise SA Express and […]
News in South Africa 26th January: 1. Jobs at risk due to lockdown: Nearly 1.4 million formal and informal jobs are at risk in the South African economy, with the current Covid-19 lockdown alert Level 3 restrictions having a direct impact across at least seven sectors: travel, tourism, entertainment, leisure, manufacturing, agriculture, and services not […]
