What Is Happening In South Africa Today?
Here Are Some Important Things Happening In South Africa Today
Energy: Before 2030, South Africa would need to invest an astounding R1.2 trillion in its electrical industry to fulfill its energy demands. The government is relying on the private sector to provide funding for the majority of this—roughly R990 billion. Eskom, a power provider, predicted that the private sector will be crucial to future generation since the corporation has been divided into several parts that would compete in a free market.
Markets: The South African rand strengthened on Wednesday before the US Federal Reserve decided to raise interest rates. In an effort to contain the pace of inflation, the Fed increased interest rates by 75 basis points. In the wake of the boost, the rand surged even more. The rand was trading at R16.68/$ and R17.02/€ on Thursday.
Proxy war: According to analysts, South Africans shouldn’t anticipate many shocks from this weekend’s ANC policy conference because the gathering has historically been used to discuss potential leadership candidates rather than substantive policy issues. The ANC’s step-aside policy, which has led to significant factional divisions within the party, is already coming to the fore this year, and things don’t appear to be changing.
Before this weekend’s policy conference, the ANC is recommending that several outdated ideas be put into practice, such as the need for lifestyle audits to fight corruption. Since more than 200 ANC members have been named in the state capture investigations, the party said that this issue has become more critical.
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Nomakhosazana Meth, MEC for Health in the Eastern Cape, has denounced the barbaric attack on a medical professional and the threats made towards nurses at the Uitenhage Provincial Hospital.
According to Siyanda Manana, a representative for the department, the guys allegedly brought in a buddy who had been shot and asked that the nurses get him from their car.
People who are demanding for Police Minister Bheki Cele to quit should come up with another solution, according to Solly Mapaila, General Secretary of the South African Communist Party (SACP).
This comes after President Cyril Ramaphosa received increasing demands for Cele to resign or be fired.
