Business

5 important things happening in South Africa today

Here’s what’s happening in and affecting South Africa today:


Coronavirus: In South Africa, there have been 11,535 new circumstances of Covid-19, taking the overall reported to 2,988,148. Deaths have reached 89,915 (+44), whereas recoveries have climbed to 2,850,905, leaving the nation with a steadiness of 47,328 energetic circumstances. The whole variety of vaccines administered is 26,109,436 (+327,177).


  • Thwarted: Not solely have journey bans in opposition to South Africa prompted untold destruction to the native tourism trade, they’ve additionally thwarted scientists’ efforts in higher understanding and researching the Omicron variant. The National Institute for Communicable Diseases says that it has struggled to get reagents and different research-related specimens into the nation, as most flights are banned. In different African nations, the bans have affected vaccine deliveries, although that is now bettering. Local researchers say the Omicron variant exhibits indicators of being extra transmissible, even in opposition to these beforehand contaminated by the Delta, Beta or Alpha variants, however with milder signs. [TimesLive]

  • Money owed: The Emalahleni municipality in Mpumalanga owes Eskom over R5 billion. It has handed the small print of some 30 defaulting prospects over to debt collectors in a bid to get a few of this money again. Authorities in the district say that top ranges of unemployment have contributed to the rising pattern of non-payment, but it surely’s residents, companies and even some authorities departments which can be at fault. However, the municipality isn’t alone, as many others additionally owe Eskom billions. The struggling energy utility is continually participating with defaulters and understanding cost plans to get well losses. [News24]

  • Rage no extra: Despite saying that they had no alternative however to proceed with the pageant, the organisers of the Plettenburg Bay Rage have pulled the plug on the mass gathering. The pageant was scheduled to start out on Friday, however the organisers determined to cancel because of the alarming variety of optimistic Covid circumstances being reported. Attendees had been anticipated to get and current a PCR check to achieve entry to the pageant, however so many examined optimistic for Covid that solely a small fraction would finally have been capable of go. Ballito Rage was additionally cancelled simply because it began after 36 attendees examined optimistic for Covid-19. [ENCA]

  • NPA blow: Head of the National Prosecuting Authority’s investigative unit, Hermione Cronje, has resigned, with insiders and consultants pointing to frustrations over a scarcity of help, resources and political will to carry to ebook excessive profile implicated individuals. The NPA is going through mounting strain over its lack of prosecutions associated to excessive profile circumstances, significantly round state seize. Cronje’s investigative unit was arrange as a ‘new Scorpions’ in 2019 and made an early strike in opposition to Gupta-linked firms. However, consultants say that the unit was not properly supported and operated as a mid-sized regulation agency, anticipated to tackle multi-billion rand firms. [Daily Maverick]

  • Markets: The rand bounced again on Thursday in opposition to a weaker greenback after once more breaching the R16.00 mark in the earlier session because the Omicron coronavirus variant established itself because the dominant pressure in South Africa. Data from South Africa’s National Institute for Communicable Diseases confirmed on Wednesday that 74% of all of the virus genomes it had sequenced final month had been of the brand new variant, as new circumstances doubled from Tuesday. The information additionally confirmed that the Omicron variant appeared to get round some immunity, however vaccines ought to nonetheless provide safety in opposition to extreme illness. On Friday, the rand was buying and selling at R15.96/$, R18.04/€ and R21.21/£. [Reuters]
div id="taboola-below-article-thumbnails">
Back to top button