News in South Africa 6th January: 1. Rand weakens over red flags: The South African rand has weakened alongside other emerging market currencies as the dollar rebounded this week. On Thursday (5 January), the rand weakened in early trade as investors awaited the monthly purchasing managers’ index (PMI) survey by S&P Global to find clues […]
News in South Africa 11th October: 1. R350 grant criteria relaxed: Social Development Minister Lindiwe Zulu has apologised to recipients of the R350 Covid-19 Social Relief of Distress (SRD) grant for problems in its administration after the end of the national state of disaster early in April. She was speaking at a media briefing in […]
News in South Africa 11th November: 1. Mid-Term budget speech today: Finance minister Enoch Godongwana will deliver his maiden Medium Term Budget Policy Statement (MTBPS) at 14h00 on Thursday (11 November). The MTBPS can be viewed through several channels, including TV services like DStv, news channels, and live-streaming sources like YouTube. You can watch the […]
News in South Africa 19th July: 1. Looting damages excessive: It is not yet clear just how extensive the destruction of particularly retail and warehouse property and the looting of stock in the unrest in KwaZulu-Natal and Gauteng was. On Friday night (July 16), President Cyril Ramaphosa referenced “preliminary reports compiled by NatJoints [the National […]
