Workers are seen building housing units at a construction site as coronavirus disease (COVID-19) lockdown regulations ease in Fleurhof, near Johannesburg, South Africa, October 6, 2020. 2 minutes Northern Cape Human Settlements MEC Bentley Vass says the construction of houses in the national government’s R1 billion housing project has started. President Cyril Ramaphosa launched the…
Trade Industry and Competition Minister Parks Tau. 2 minutes Trade Industry and Competition Minister Parks Tau says they are still trying to make sense of the new tariffs imposed on South Africa by the United States. Last night, the US President Donald Trump imposed a 30% tariff on all imports to the US. Tau says…
The Proteas cricket team South African sports enthusiasts are in for another treat on this Super Sunday. Two National teams are hoping to do what the World Champions Springboks failed to do in Auckland on Saturday, to fly the flag of the Rainbow Nation. The Springbok Women take on France in a Pool D decider…
South African National Defence Force members. 1 minute The evacuation of injured South African National Defence Force (SANDF) soldiers from the eastern Democratic Republic of Congo (DRC) is set to begin this week. It remains unclear how many soldiers will be brought back to South Africa. The evacuation follows last month’s clashes between the M23…
Phalala River in Limpopo 2 minutes The families of two 10-year-old boys who drowned at Phalala River at Ga-Seleka outside Lephalele in Limpopo, have accused police of abruptly abandoning the search for one of the boys. Thapelo Maropola and Jan Monare drowned on New Year’s Day. Monare’s body and that of an adult who also…
Source: Reuters. While South Africa has faced economic challenges, the idea that local equity investments should be avoided in favour of rand-hedge or offshore stocks is flawed. However, the reality tells a different story. Since October 2020, the FINI 15 index, which includes major South African financial firms and Real Estate Investment Trusts (REITs) like…
File image: A pit toilet at a school in South Africa. 2 minutes Basic Education Minister Siviwe Gwarube says the backlog in getting rid of pit toilets at schools, will be eradicated by next year. She was speaking at an event where 22 low-cost flush toilets have been built at the Deda Primary School in…
