South Africa

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.

South Africa detected 463 new COVID-19 cases, which brings the total number of laboratory-confirmed infections to 3 996 904 to date.

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.

Eskom says it expects to downgrade load shedding over the next few days with generation units set to return to service.

As the country observes Mandela Month, the Department of Water and Sanitation has called on South Africans to take part in the Clear Rivers campaign to protect water resources.

The World Health Organisation (WHO) announced its plan to reconvene the Emergency Committee on monkeypox under the International Health Regulations as infections continue to soar globally.

Justice and Correctional Services Minister, Ronald Lamola, is expected to hand over a sports field revamped by offender labour to Mchaka High School in Bushbuckridge on Friday.

The Department of Water and Sanitation (DWS) will next week kick-off public engagements on Unconventional Gas Regulations in the Northern Cape.

Municipalities across the country have received their share of the R33.9 billion first tranche of the Local Government Equitable Share (LGES).

South Africa now has 3 996 441 laboratory-confirmed cases of COVID-19 after 657 people tested positive on Wednesday.