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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

South Africa

554 Results / Page 6 of 62

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South Africa

In S.A The GOOD Party Welcomes Inflation Drop, Highlights Need for Long-Term Economic Solutions

    In S.A, the GOOD Party welcomes the cooling of inflation, saying this brings some relief to all South Africans. Consumer inflation dropped to 2.8-percent in October, the lowest level since June 2020. This marks a significant decrease from the 3.8-percent in September, driven primarily by a sharp month-on-month decline in fuel prices. GOOD’s secretary-general, Brett Herron, says citizens urgently need an economy that will create long-term jobs, and […]

todayNovember 21, 2024 11

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South Africa

South Africa’s Home Affairs Dismisses 18 Officials in Anti-Corruption Crackdown

S.A's department of Home Affairs has dismissed 18 officials for various offences including fraud, corruption, and sexual harassment. These officials were involved in issues like granting fake identity documents, illegal marriage registrations, and improper visa approvals. Four others received warnings. Minister Leon Schreiber says these actions reflect the department's ongoing crackdown on corruption, with criminal charges to follow where necessary:  

todayNovember 21, 2024 19

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Business / Economics

Potential Global and Namibian Economic Impacts of a Trump 2.0 Presidency

    Theo Klein, an economist from Oxford Economics Africa in South Africa, warns that a second Trump presidency may negatively affect global markets, leading to higher inflation, interest rates, a stronger US dollar, and suppressed oil prices. For Namibia, the potential impacts include a slower interest rate cutting cycle and rising inflation as discussed by Klein alongside factors that could affect Namibia's economy.

todayNovember 21, 2024 15

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South Africa

GOOD Party Criticizes Eskom’s Tariff Hike

The GOOD Party says it is unfair to continue asking consumers to pay more without addressing the entire system’s inefficiencies. GOOD’s secretary-general, Brett Herron, says a combination of Eskom’s inability to manage its operations, Nersa’s failure to assist the power utility, and unregulated municipal surcharges, places electricity provision in South Africa fundamentally at odds with the aspirations of the developmental state:  

todayNovember 20, 2024 20

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South Africa

Build One South Africa Warns Eskom’s 36% Tariff Hike Could Endanger Low-Income Households

  Build One South Africa says Eskom’s proposed 36-percent electricity tariff increase could force low-income households to turn to unsafe energy alternatives, putting their health and safety at risk. The party has deployed representatives to energy regulator, Nersa’s public hearings nationwide to express their opposition to the increase. BOSA spokesperson, Roger Solomons, argues the tariff increase will exacerbate inequality and threaten the survival of small businesses:  

todayNovember 20, 2024 19

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South Africa

South Africa’s Consumer Commission Urges Spaza Shops to Register for Public Safety

  The South Africa National Consumer Commission has urged spaza shop owners to register within 21 days, as required by president Cyril Ramaphosa. Acting commissioner Hardin Ratshisusu highlighted non-compliance during inspections, following food poisoning incidents that hospitalised hundreds and claimed the lives of learners. Ratshisusu emphasised to the SABC that the Consumer Protection Act prohibits the sale of unsafe goods, urging shop owners to prioritise public safety:  

todayNovember 20, 2024 14

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South Africa

South African Minister Urges Action Against Procurement Abuse in Construction

  Minister of Public Works and Infrastructure, Dean Macpherson, has called for immediate action to stop criminal syndicates from abusing the local procurement rule in the construction industry. Speaking at the national construction summit in Durban, Macpherson condemned the misuse of the 30-percent local procurement rule, as syndicates demand payments from contractors without performing any work. He called for a review of the rule to protect legitimate businesses, instead of […]

todayNovember 20, 2024 8

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South Africa

SA Faces Rising Cyber Threats

The Southern African Fraud Prevention Service says the role technology plays in fraud, and scams are becoming particularly challenging in South Africa. In 2022, the country experienced the most cyberattacks on the African continent. It is estimated that in 2023, the average number of weekly cyberattacks per organisation in Africa increased by 23-percent year-on-year, making it the highest average globally. Southern African Fraud Prevention Service’s, Roy Retief, says companies need […]

todayNovember 19, 2024 11

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Business / Economics

In S.A, plans are underway to expand the port of Mossel Bay in the Western Cape

  In S.A, plans are underway to expand the port of Mossel Bay in the Western Cape to accommodate larger cruise ships of up to 300 metres. The current setup requires vessels to anchor offshore, limiting tourist access during rough weather. A key stakeholder meeting this week is set to finalise long-term development strategies for the port. Minister of Transport, Barbara Creecy says the upgrades are part of broader efforts […]

todayNovember 19, 2024 21

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