South Africa

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Business / Economics

In S.A, Financial Stability Review Highlights Growing Strain on Households

S.A's Reserve Bank's latest Financial Stability Review reveals growing financial stress among households and small-to-medium enterprises. High interest rates, ageing global conflicts, infrastructure failures, and South Africa's graylist status contribute to the strain. Reserve Bank’s head of financial stability department Nicola Brink, says non-performing loans surged from 257-billion-rand in March 2023 to 304-billion-rand in July 2024:  

today2 December, 2024

South Africa

In S.A, MK Party Celebrates First Anniversary

  To S.A now, where the MK Party, founded by former president Jacob Zuma, marked its first anniversary in Ekurhuleni. During the 2024 general elections, the party campaigned as the official opposition. Secretary-general Floyd Shivambu expressed confidence in securing a two-thirds majority in the 2026 local government elections and emphasized the party’s commitment to uniting progressive forces.  

today2 December, 2024

South Africa

Cape Winelands Fire Services Make Significant Progress in Fighting Paarl Mountain Blaze

The Cape Winelands District Municipality’s Fire Services report significant progress overnight in battling a fire on Paarl mountain. Cooler temperatures and reduced winds aided containment efforts, but hot spots and active fire lines persist. Spokesperson Jo-Anne Otto says that aerial and ground crews remain deployed, with flare-ups likely due to warm weather and vegetation. She confirmed that teams continue firefighting and mopping-up operations:  

today2 December, 2024

South Africa

In S.A, Gauteng Health MEC to Lead Engagement on Food Safety

In South Africa, Gauteng Health MEC Nomantu Nkomo-Ralehoko will lead a multi-stakeholder engagement in Soweto this afternoon, focused on compliance and enforcement of food safety measures. The country is currently battling a foodborne illness outbreak. Over 20 children have died in Gauteng due to suspected food poisoning linked to spaza shops. The department’s spokesperson, Motalatale Modiba, says the MEC will also conduct inspections at local spaza shops and supermarkets to […]

today26 November, 2024

South Africa

S.A’s Minister Reaffirms Commitment to Justice and Two-State Solution for Palestine

  S.A's Minister of International Relations and Cooperation, Ronald Lamola, has reaffirmed South Africa’s commitment to justice, peace, and self-determination for Palestine. He participated in the 47th United Nations International Day of Solidarity with the Palestinian People. Lamola says the only way to achieve peace is a two-state solution, where Israel will be able to exist side-by-side in peace with a viable and fully independent Palestinian state within internationally recognised […]

today26 November, 2024

South Africa

DA Challenges Gauteng MEC as E-Toll Debt Allocation Looms

  In South Africa, the DA in Gauteng says MEC for Finance, Lebogang Maile, will have to find ways to fund the delivery of quality services with reduced funding. The MEC is set to present the Adjustment Budget for the 2024/2025 financial year today. The DA’s, Dorianne Arendse, says that the provincial government taking responsibility for paying a portion of the e-toll debt, raises serious questions about compromises elsewhere, giving […]

today26 November, 2024

South Africa

S.A Union Calls for Urgent Reforms in Criminal Justice System

  S.A Union Cosatu says with it being 16 Days of Activism for No Violence Against Women and Children, government needs to tackle the shortcomings within the criminal justice system. In South Africa, a woman is killed every three hours; and over 50-percent of women are killed by an intimate partner. Cosatu’s, Zanele Sabela, says the shortcomings in the justice system are well documented by gender-based violence survivors, ranging from […]

today26 November, 2024

South Africa

South African National Civic Organisation Urges Government to Expedite Rescue of Illegal Miners

The South African National Civic Organisation in the North West is calling on the government to speed up the process of rescuing illegal miners who remain underground. Around four-thousand illegal miners are still underground at a disused shaft at Stilfontein mine. More than one-thousand illegal miners have resurfaced in recent weeks after Operation Vala Umgodi was mounted by police. Sanco’s spokesperson, Mzukisi Jam, says government’s slow action is disappointing:  

today26 November, 2024

South Africa

In S.A: Malema Slams Media for Alleged False Reports on EFF

To South Africa, whereEFF leader Julius Malema has criticised the media for spreading, what he calls, false stories about the party, including claims of defections, the mass exodus of members and internal problems. Malema also accused the media of focusing on negative narratives while ignoring the EFF's successes, including its growing influence in Parliament:  

today26 November, 2024