SAnews Newsletter 2022-07-08 AM Edition
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National Treasury allocates first phase R516m floods funding
The National Treasury has confirmed the allocation of R516 million in the first phase funding in response to the April flood disaster that caused significant damage to infrastructure in various provinces.
Fitch affirms SA's stable outlook debt rating
Government has noted Fitch’s decision to affirm South Africa’s long-term foreign and local currency debt ratings at ‘BB-’ and maintain a stable outlook.
In a statement, National Treasury said according to Fitch, the affirmation takes into consideration that government’s debt trajectory is lower than previously anticipated, as well as recent improvements in several key credit metrics, including the current account balance.
Eskom expects to downgrade load shedding
Eskom says it expects to downgrade load shedding over the next few days with generation units set to return to service.
SA reports 463 new COVID-19 infections, nine deaths
South Africa detected 463 new COVID-19 cases, which brings the total number of laboratory-confirmed infections to 3 996 904 to date.
Last call for registrations of subsidized set-top boxes
As government attempts to conclude the analogue switch-off, Minister of Communications and Digital Technologies, Khumbudzo Ntshavheni, has encouraged the public to switch from analogue TV to compliant digital television sets.
