South Africa Brings Forward Eskom Bailout to Avert Default

By Reuters 19-04-19 15:04

JOHANNESBURG – South Africa’s government has had to bring forward the bailout of state power firm Eskom, after it rushed 5 billion rand ($355 million) to the struggling utility earlier this month to avert a default and said more cash could be needed soon. Eskom supplies more than 90 percent of electricity in Africa’s most […]

South Africa Reviews its Foreign Policy

By SAPeople Contributor 18-04-19 22:12

The year 2019 marks South Africa’s silver jubilee and, as the young democracy marks this milestone, the Department of International Relations (DIRCO) has taken stock of the country’s foreign policy. To assess the country’s foreign policy, the department appointed an 11 member review panel, chaired by former Foreign Affairs Minister Aziz Pahad, a year ago. […]

Cyclone Idai: Zimbabweans Rally to Help Each Other

By Guest Contributor 18-04-19 11:07

With little faith in their government, Zimbabweans took the rescue effort into their own hands after Cyclone Idai hit the Chimanimani region. Steve Kretzmann reports… The first rains in the aftermath of Cyclone Idai fell on Chimanimani on 12 April, once again isolating the town nearly a month after floods and mudslides left at least […]

New Acting CEO for Brand South Africa

By SAPeople Contributor 17-04-19 12:59

Brand South Africa has announced the appointment of Thulisile Manzini as the new Acting Chief Executive Officer, with immediate effect. Manzini is tasked with marketing a positive brand image for South Africa domestically and internationally. Her appointment comes amidst a number of organisational challenges, amongst which is the suspension of Kingsley Makhubela as CEO, who […]

Online Gambling in South Africa Under the Spotlight

By Guest Contributor 11-04-19 12:51

Gambling laws and customs around the globe differ greatly. In the United Kingdom, any form of gambling you can imagine is pretty much available to the average person. In Las Vegas, you can wager as much as you like as often as you wish at one of the city’s many land-based casinos. However, if you […]

South Africa’s Rand Crosses 14.00 Threshold and Stocks Gain

By Reuters 10-04-19 19:44

JOHANNESBURG – South Africa’s rand firmed below the 14.00 threshold on Wednesday for the first time in six weeks as a softer dollar boosted investor appetite for emerging markets. On the bourse, the financial and retail sectors topped the JSE after S&P Global Ratings stable economic outlook, while miner Sibanye-Stillwater took a blow after selling […]

Nissan South Africa to Invest $213 Million to Build New Navara Model

By Reuters 10-04-19 17:23

JOHANNESBURG – Soon many more motorists around the world will be driving Nissan vehicles produced in South Africa. The SA arm of Nissan will spend R3 billion ($213 million) equipping its local plant to build the Japanese carmaker’s new Navara model, the unit’s boss said on Wednesday. Capacity at Nissan’s plant in Rosslyn, near Pretoria, […]

Africa’s Tallest Skyscraper Nears Completion – The Leonardo in Sandton: PHOTOS

By SAPeople 08-04-19 23:24

Sandton’s skyline in Johannesburg, South Africa, is rapidly changing, with one particular new building standing proud as it’s set to soon become Africa’s tallest building when it’s completed later this year. All photos on this page captured by CHARLES JOHNSTONE – Johannesburg based professional photographer. The Leonardo, which is located in downtown Sandton (known for being […]

Beyoncé Renaissance

South Africa’s Woolworths Partners with Beyonce’s Makeup Artist for Vegan Friendly Line

By Reuters 05-04-19 14:11

JOHANNESBURG – Woolworths Holdings launched a limited edition makeup line in collaboration with Beyonce’s make-up artist Sir John on Thursday, seeking to strengthen its private label brand in its first international collaboration. The South African department chain has invested heavily, like its peers, in its beauty business by partnering luxury international brands such as House […]

Khulu Phasiwe

Eskom Spokesperson Resigns

By SAPeople Contributor 05-04-19 12:53

Eskom national spokesperson Khulu Phasiwe has resigned from possibly one of the country’s most nightmarish jobs – speaking on behalf of South Africa’s beleaguered power utility. In a tweet confirming his resignation on Friday, Phasiwe posted a picture saying “It is Finished”. He said: “I’d like to thank Eskom for entrusting me with the huge […]

Yoga with Homeless Dogs is Happening Again in Cape Town

By SAPeople Contributor 04-04-19 16:01

On Saturday the 13th of April, the Mdzananda Animal Clinic will be hosting its third Downward-Facing-Adopt-A-Dog yoga event in Cape Town, South Africa. Yoga lovers and dog lovers alike are invited to join this one of a kind yoga class with homeless dogs. The class will be held under the trees in the beautiful outdoor […]

Cyclone Idai’s Death Toll Rises to 843. Hunger Stalks Mozambique.

By Reuters 12-10-19 00:15

BEIRA, Mozambique – Hundreds of thousands of people are in need of food, water and shelter after Cyclone Idai battered Mozambique, Zimbabwe and Malawi. And, as of today (Tues), at least 843 people had been reported killed by the storm, the flooding it caused and heavy rains before it hit. View the factbox at the […]

What a Failed Johannesburg Project Tells Us About Mega Cities in Africa

By SAPeople 01-04-19 18:42

Six years ago a major development was announced in South Africa. Billed as a game changer, it was meant to alter the urban footprint of Johannesburg, Africa’s richest city, forever. The Modderfontein New City project was launched amid much fanfare, expectation and media hype. Zendai, a Chinese developer, bought a 1600-hectare site north-east of Johannesburg […]

South Africa Kicks the Can Down the Road on Captive Predator Breeding

By SAPeople Contributor 29-03-19 16:21

The world’s leading lion scientists argue that captive predator breeding has no conservation value. Successful reintroduction from captivity into the wild among large felids is extremely rare. Nonetheless, the captive predator breeding industry in South Africa operates on the pretext that reintroduction to the wild is a viable strategy and that it contributes to broader […]

Top Public Officials Earn More Than the President in South Africa

By SAPeople Contributor 28-03-19 19:22

Top executives in at least 24 government-funded agencies were paid more than R3-million in the 2017/18 financial year — more than the salary allocated to Jacob Zuma in his final year as state president. Five of the 24 executives were paid more than R5-million each. Three received packages worth over R7-million. GroundUp used official reports to analyse […]

South African Central Bank Keeps Repo Rate at 6.75 Percent

By Reuters 28-03-19 19:19

South Africa’s central bank kept its benchmark repo rate unchanged at 6.75 percent on Thursday in a unanimous decision, saying it assessed the risks to the inflation outlook to be more or less balanced. All economists surveyed by Reuters predicted the repo rate would remain on hold. (Reporting by Mfuneko Toyana, Tiisetso Motsoeneng and Naledi […]

Edward Kieswetter Named New SARS Commissioner

By SAPeople Contributor 28-03-19 19:19

Former SA Revenue Service (SARS) deputy commissioner Edward Kieswetter has been appointed as the new Commissioner for South African Revenue Service (SARS). President Cyril Ramaphosa announced on Wednesday that Kieswetter will lead the revenue service for the next five years starting on 1 May. The National Treasury was confident that the selection process that was […]

Maimane Urges Zondo Commission to Call President Ramaphosa to Testify Before Elections

By SAPeople 27-03-19 12:11

Democratic Alliance (DA) leader Mmusi Maimane has written to the Zondo Commission requesting President Ramaphosa be subpoenaed to testify before 8 May when South Africans vote. Maimane said in a statement on Wednesday: “The revelations emanating from testimony before the Zondo Commission into State Capture yesterday confirm that President Ramaphosa and his family are deeply […]

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