Services

NEWS FLASH

UPCOMING WEBINAR - CAUCASUS AND CENTRAL ASIA: ECONOMIC UPSWINGS AND POL...

Learn More

COUNTRY INSIGHTS

The Presidency sets up a Special Tribunal at Special Investigation Unit (SIU) to recover stolen funds
SOUTH AFRICA · Report · 04 Mar 2019

Year in and year out, large amounts of money are lost to the state from corruption or irregular spending. This is one of the main reasons the Special Investigation Unit (SIU) was established in 1996 in terms of the Special Investigating Units and Special Tribunal Act, (Act No 74 of 1996). The mai...

The DA unveils its 2019 manifesto - the manifesto for change, it says!
SOUTH AFRICA · Report · 26 Feb 2019

The Democratic Alliance (DA), led by Mmusi Maimane, launched its 2019 National Elections manifesto on Saturday, February 23, 2019. The DA remains South Africa’s biggest opposition party, but its “appeal” started to slowly fizzle out after it was beset by problems since the 2016 local government e...

South Africa’s 2019 Budget: Tough decisions made, but will it be enough?
SOUTH AFRICA · Report · 20 Feb 2019

South African Budget 2019 was delivered today by Finance Minister Tito Mboweni, his maiden Budget Speech following the delivery of the Mid Term Budget Policy Statement (MTBPS) in October 2018, a mere two weeks after taking over as the new Minister of Finance. The Minister had indicated that South...

Another ailing State-Owned Company-SA Airways- to be split into three divisions
SOUTH AFRICA · Report · 18 Feb 2019

In its April 2018 Financial Stability Review, the South African Reserve Bank (SARB) warned that state firms’ debt may threaten South Africa’s financial stability. Indeed, governance issues at state-owned entities (SOEs), rising contingent liabilities (in the form of government guarantees) and ina...

South Africa in darkness as Eskom’s troubles intensify
SOUTH AFRICA · Report · 13 Feb 2019 · 1 response

Load shedding is back once again, and this time, the electricity cuts by Eskom that have long plagued South Africa have intensified. Load shedding is implemented by Eskom as a last resort measure when demand for electricity outstrips power generation by the entity. This is done in order to avert ...

The President once again sweet-talking investors at Mining Indaba 2019
SOUTH AFRICA · Report · 08 Feb 2019

​The 25th Investing in African Mining Indaba, the most prominent and likely the biggest mining investment event in Africa, took place in Cape Town from February 4-7 with an estimated 6,000 delegates. The organizers of the event indicated that this year’s event would be focused more on deal-making...

President Ramaphosa’s 2019 State of the Nation Address: Growth, government reform and job creation emphasized
SOUTH AFRICA · Report · 07 Feb 2019

President Ramaphosa delivered his second State of the Nation Address (SONA) with a blend of honesty and hope. He acknowledged the setbacks experienced in a number of areas. He highlighted the considerable harm to the country resulting from corruption, especially arising from “state capture” in th...

EFF launches its 2019 election manifesto – largely a populist agenda
SOUTH AFRICA · Report · 04 Feb 2019

With the 2019 general elections fast approaching, political parties are beginning to intensify their campaigns. The ruling party, the National African Congress (ANC), has centered its promises around reviving South Africa’s economy, while the main opposition party, the Democratic Alliance (DA) ha...

Land expropriation without compensation in South Africa: A chronological update
SOUTH AFRICA · Report · 01 Feb 2019

It was during its 54th National Elective Conference in December 2017 (ANC 54) at Nasrec, the same conference that resulted in the election of Cyril Ramaphosa as the new President of the organization, that the ruling African National Conference (ANC) also elected to pursue land expropriation witho...

Corruption allegations in the lead-up to the State of the Nation Address 2019
SOUTH AFRICA · Report · 28 Jan 2019

When President Cyril Ramaphosa delivered his maiden State of the Nation Address (SONA) in February 2018, he put an emphasis on strong action against corruption by the governing party. On February 7, 2019, he will deliver his second SONA.

The South African economy poised for revival
SOUTH AFRICA · Forecast · 25 Jan 2019

Summary and assumptions • South Africa’s growth: South Africa started 2018 on a high note and full of renewed optimism but ended the year with a more muted tone following another year of insipid economic metrics. GDP growth disappointed in H1 2018 but recovered in Q3 with 2.2% GDP growth. We ex...

The South African Reserve Bank starts 2019 on a more dovish note
SOUTH AFRICA · Report · 17 Jan 2019

Today the South African Reserve Bank’s Monetary Policy Committee completed its first of six meetings to be held in 2019 to decide the country’s interest rate path. In line with market expectations, the MPC decided to leave the benchmark interest rate unchanged at 6.75%, hence the prime rate also ...

The ANC 2019 election manifesto – new strategies or just more of the old promises?
SOUTH AFRICA · Report · 16 Jan 2019

The African National Congress (ANC), the governing party in South Africa since the beginning of democracy in 1994, has delivered its election manifesto for the upcoming country’s general elections to be held during May of this year. By all accounts, these are likely to be the toughest elections ...

South Africa’s national minimum wage to come into effect in 2019
SOUTH AFRICA · Report · 11 Dec 2018

South Africa’s National Minimum Wage Act, 2018 was gazetted on November 27, 2018 following a long period of consultation with social partners. The Act states its purpose as the advancement of economic development and social justice by: i. Improving the wages of the lowest paid workers; ii. Prot...

South Africa’s current account deteriorates in the third quarter
SOUTH AFRICA · Report · 07 Dec 2018

Following the encouraging GDP numbers earlier this week, indicating South Africa exited the technical recession, the other significant economic metric to come out this week unfortunately shows the country’s current account deteriorated, even if just marginally. The recently released data by the R...

Copyright 2024 GlobalSource Partners. All rights reserved.