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South Africa

Monetary Policy changes 'risky', warns Kganyago

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Despite South Africa’s well-documented low economic growth and high unemployment rates, South African Reserve Bank (SARB) Governor Lesetja Kganyago has warned the country against considering risky monetary policy changes.

Raid at Mmabatho medical depot uncovers unpaid invoices

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A team from the North West Department of Health, led by Administrator Jeanette Hunter, on Wednesday raided offices of the Mmabatho Medical Depot and uncovered unpaid invoices of 50 companies, worth millions.

SA urged to reduce electricity consumption

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Eskom has warned that its power system is “severely constrained” this afternoon as the return to service of five generation units is delayed, while two units have tripped.

SADC Council of Ministers to meet virtually

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The Council of Ministers of the Southern African Development Community (SADC) will meet virtually on Thursday in preparation for the 40th Ordinary SADC Summit of Heads of State and Government.