South Africa is still an attractive investment, with billions flowing in: government
South Africa remains an attractive and lucrative investment destination, says Alvin Botes, deputy minister of international relations and cooperation. The deputy minister, speaking at an investment seminar in Portugal on Monday, said that South Africa offers a high return on investment and vast opportunities for…
This South African town has been without water for 8 months
Over 200 people blocked streets with burning tyres and rubble in Kgabalatsane, in Hebron, North West, on Tuesday over water issues, among other complaints. Residents claim that their water has been off since October 2021 and that water tankers have been inconsistent in townships. Mashilo…
How South Africa’s new NHI will be introduced: health minister
South Africa’s new National Health Insurance (NHI) scheme is set to be introduced in several stages and not all at once, says health minister Joe Phaahla. Responding in a recent written parliamentary Q&A, Phaahla said this is necessary given the magnitude of reforms the new…
Government launches its own R18 billion district in South Africa
Public Works and Infrastructure minister Patricia de Lille will launch the R18 billion Salvokop government district in South Africa in Tshwane on Thursday (29 June), the first development of its kind in South Africa. The Salvokop mixed-use precinct development includes the construction of five national…
What to expect from South Africa’s interest rate hike in July: governor
South Africa’s central bank may consider raising its benchmark interest rate by half a percentage point for a second consecutive meeting in July, governor Lesetja Kganyago said. The inflation rate in Africa’s most industrialized economy surged above the central bank’s target range for the first…
Government is making changes to South Africa’s borders in the coming months – what to expect
Government plans to roll out its Border Management Authority (BMA) in the coming months, with the new state-owned company expected to introduce significant changes to the country’s borders. Responding in a recent parliamentary Q&A, Home Affairs minister Aaron Motsoaledi said the BMA will see 200…
Extended office hours for Home Affairs
Home Affairs minister Aaron Motsoaledi has approved the extension of the operating period for two hours to 18h00 from Thursday (30 June) until 15 July 2022 at selected offices across the country. Motsoaledi said the extension will only apply to the application and collection of…
New school subjects planned for South Africa
The Department of Arts and Culture plans to formally introduce more cultural subjects to the school curriculum as a way of encouraging interest and development in the sector. The proposals are included in a new Theatre and Dance policy document which was gazetted for public…
3 load shedding scenarios for South Africa – and why CEOs have sent an urgent letter to Ramaphosa
As South Africa continues with another day of stage 6 load shedding, economists have warned that the continued power cuts will contribute to prolonged low-economic growth in the country. Despite progress on some structural economic reforms in recent years, South Africa’s electricity supply situation has…
Cele to introduce new terrorism laws in South Africa
Police minister Bheki Cele has announced his intention to introduce the Protection of Constitutional Democracy against Terrorist and Related Activities Amendment Bill to parliament. In an explanatory notice gazetted on Tuesday (5 July), Cele said the bill aims to update the existing Protection of Constitutional…
‘Game-changer’ for BEE in South Africa: Ramaphosa
President Cyril Ramaphosa has defined his new Broad-Based Black Economic Empowerment Advisory Council as ‘landmark’, ‘historic’ and ‘a game-changer’. Speaking at the launch of the council on Tuesday (5 July), Ramaphosa said the group will be responsible for guiding the trajectory of B-BBEE and transformation…
South Africa is building 29 new police stations – here’s how much they will cost
The South African Police Service plans to build 29 new police stations over the next four years countrywide, at a budgeted cost of over R2 billion. The largest of the planned stations – Tafelsig in Mitchells Plain in the Western Cape – carries a cost…