eskom loadshedding south africa

Eskom Welcomes R69-Billion Recovery Decision Which Could See Rates Hiked

By SAPeople 28-07-20 21:15

Eskom welcomed the Johannesburg High Court judgement today for the power utility to recover a R69-billion equity injection, in a phased manner over a three-year period, ruling that NERSA may not deduct the injection from Eskom’s allowable revenue. The decision means Eskom may now apply to increase tariffs. Eskom said in a statement that prior […]

The Pros and Cons of IMF’s $4.2 Billion Loan to South Africa

By SAPeople 28-07-20 20:55

The International Monetary Fund has approved a R70 billion ($4.2 billion) loan for South Africa to help the country manage the immediate consequences of the fallout from COVID-19. The Conversation Africa’s editor, Caroline Southey, asked Danny Bradlow at the University of Pretoria to shed some light on what South Africans should expect. What conditions has […]

south-africa-imf-loan san

IMF Approves R70 Billion Loan to South Africa

By SAPeople 28-07-20 10:24

The International Monetary Fund (IMF) executive board has approved South Africa’s request for a US$4.3 billion (R70 billion) loan to overcome the COVID-19 pandemic. The request for emergency financial support under the Rapid Financing Instrument (RFI) will help the country to mitigate the adverse social and economic impact of the pandemic. In a statement issued […]

dlamini-zuma-and-mazzotti-cigarette-ban

WATCH Carte Blanche: Inside the Cigarette Smuggling Trade in South Africa

By SAPeople Contributor 27-07-20 22:43

The illegal trade in cigarettes in South Africa has been booming for decades but when lockdown regulations banned the sale of smokes, it increased demand in the black market like never before. Overnight, furious smokers became blue-collar criminals illegally purchasing cigarettes from their neighbourhood dealers. But small-time dealers lead to high-stakes criminal syndicates. Now in […]

SAFARI OPERATORS protest south africa open tourism

PHOTOS: Safari Operators Protest in Hoedspruit – A Town “On Its Knees” – Begging for Tourism to Open

By Jenni Baxter 25-07-20 14:55

The town of Hoedspruit is “on its knees”, say lodge owners, fearing that the enduring Lockdown regulations in South Africa could cripple not only the nation’s famous safari industry… but lead to rampant poaching of the country’s precious wildlife. Yesterday morning between 10am and noon, desperate residents – from private game reserve owners to restaurant […]

train looting copper cable theft

Carte Blanche Goes Undercover to Expose Outrageous Train Looting

By SAPeople Contributor 27-07-20 12:39

For months, train stations went silent as the national lockdown in South Africa forced millions of commuters to stay home, but on the railway tracks, opportunistic criminals went to work targeting state facilities that had been left non-operational. Looting on the Train Tracks In a special investigation produced by Nicky Troll, Carte Blanche goes deep […]

Debate on Farm Murders to Take Place in Parliament

By SAPeople Staff Writer 24-07-20 18:38

A debate on farm murders and attacks will take place in Parliament on a date still to be announced, a move that has been welcomed by the Democratic Alliance, which has been pressing for more action to be taken by a government it believes has been turning a blind eye to this decades-long problem. “It […]

natasha mazzone democratic alliance south africa

Police Waterbomb Peaceful Protesters Whose Restaurants Face Closure

By SAPeople Staff Writer 24-07-20 18:16

The South African Police today used water canons to disperse peaceful protesters from the restaurant industry – one of Cape Town’s most vital sectors – outside parliament, a move condemned by the Democratic Alliance, which has accused President Cyril Rampahosa of “killing” thousands of restaurants and ruining people’s lives “for nothing.” In a statement, DA […]

lockdown protests south africa

South Africans to Create Human Chains with Ribbons in #ServeUsPlease Protests Today

By SAPeople Contributor 24-07-20 09:58

The #ServeUsPlease peaceful protest announced for Cape Town will now have national movements in several cities across the country today. The protests will be held simultaneously, from 10am to 12pm on Friday 24 July. In response to the South African government’s Covid-19 restrictions on the hospitality, tourism, food and alcohol, entertainment, media and affiliated industries, […]

South African Wine Industry Unites to Save Thousands of Jobs

By SAPeople Staff Writer 23-07-20 20:52

Stellenbosch Wine Routes and at least 300 wineries in South Africa, together with Visit Stellenbosch, have thrown their weight behind a legal application asking evidence from the Ministry of Cooperative Governance and Traditional Affairs to explain the reintroduction of a blanket ban on the domestic sale and transportation of alcohol. In an unprecedented show of […]

lindiwe sisulu south africa

Investigations Promised by Sisulu into R15 Billion Irregular Spending

By SAPeople Staff Writer 23-07-20 18:10

While action is being taken against officials in her department implicated in cases of corruption, more investigations have to be carried out into the R15 billion in irregular and wasteful expenditure uncovered by the auditor-general, according to Human Settlements, Water and Sanitation Minister Lindiwe Sisulu. Sisulu said today that the department had heeded parliament’s call […]

President Cyril Ramaphosa briefs the nation

WATCH President Ramaphosa to Brief the Nation Tonight, 23 July

By SAPeople Contributor 23-07-20 16:51

President Cyril Ramaphosa will tonight brief the nation on developments in South Africa’s risk-adjusted strategy to manage the spread of Coronavirus. (You can watch below.) “The President’s address follows a number of meetings of the Cabinet and the National Coronavirus Command Council,” said the Presidency on Thursday. The President’s address is scheduled to get underway […]

farm attack south africa

DA Strongly Condemns Recurring Farm Attacks at Tinmyne in Limpopo

By SAPeople Contributor 23-07-20 12:27

The DA says it condemns a vicious attack on Betrus Kotze – the second in months – on his farm at Tinmyne in the Mokgalakwena municipality in Limpopo, yesterday late afternoon. Kotze was ambushed at his cattle kraal, tied up and “viciously attacked”, according to Jacques Smalle, DA Provincial Leader. The farmer suffered serious injuries, […]

South Africans will know the terms of the IMF loan at the end of July.

As SA Waits to Hear on $4.2-Billion Loan, South Africans Should Accept that IMF is Neither Worst Enemy Nor Saviour

By Guest Contributor 23-07-20 07:49

The South African government has asked the International Monetary Fund (IMF) for $4.2 billion. The money would come from a facility that provides financing to countries facing an urgent balance of payments need, without the need to have a full-fledged program in place. According to the IMF managing director this means that the recipient can […]

restaurant protest south africa

DA Rejects South African Government’s Indefinite Ban on Tobacco and Alcohol

By SAPeople 22-07-20 16:28

The Democratic Alliance (DA) said it rejects with contempt the SA Government’s “disgraceful tweet” which has advised South Africa that the ban on alcohol and tobacco will remain in place “throughout the lockdown”. This indefinite ban could last weeks or even into 2021, says the DA. “What the government has done today is pull the […]

alcohol and cigarette ban south africa

Alcohol and Cigarettes Banned Till End of Lockdown, Says SA Government Tweet

By SAPeople 23-07-20 09:49

South Africans have been shocked by a tweet, posted by the South African Government, casually announcing that the sale of cigarettes and alcohol are to remain banned until the end of lockdown. The tweet, posted at lunchtime, says: “The ban on the sale of alcohol and cigarette will remain in place throughout the lockdown period.The […]

1 62 63 64 65 66 126