The latest high-level rolling blackouts in South Africa are taking its toll on various fundamental sectors of the economy.
While 151 municipalities are teetering on the brink of collapse, 43 have already collapsed and require urgent intervention to rescue them, National Treasury told Parliament on Wednesday.
Public sector unions say they are planning to strike following a breakdown in negotiations with the government over wage increases.
Increasing load shedding implemented by power utility Eskom in recent days due to a shortage of generation capacity following a combination of maintenance and unplanned breakdowns highlights the pressing need for the urgent implementation of the energy...
The imposition of provisional higher excise duties on tyres imported to South Africa from China is a major blow to road safety in the country and should be reversed immediately, notes the Automobile Association (AA).
Statistics South Africa has published its latest consumer price index, showing that annual consumer price inflation remains above the upper limit of the Reserve Bank’s target range for a fourth consecutive month.
As power utility Eskom struggles with high debt, and frequent breakdowns leading to increasing load shedding, it now also has to contend with organised crime syndicates among its ranks.
The rand was on the back foot in morning trade on Wednesday (21 September), as it drifted towards R18:00 to the dollar ahead of a slew of data both locally and internationally.
Empowerment project stumbles in Khayelitsha, showing the complexity of providing solutions to informal settlements.
Load shedding, which is now almost a daily occurrence in South Africa, is more than just a major inconvenience – it’s a crime risk too and has resulted in an increase in home break-ins and vehicle accidents.
© 2022, Instive. All rights reserved
