South Africa’s daily Covid-19 vaccination rate plunged this week, indicating that the inoculation drive may be losing steam amid criticism of a lack of information about the shots among more remote and impoverished communities. Source: BusinessTech
The National Energy Regulator of South Africa (NERSA) has approved three generation licences for floating powership provider Karpowership SA. Source: BusinessTech
The South African Broadcasting Corporation wants to ‘redefine’ TV licences in South Africa and has recommended the introduction of a household levy to help stabilise its finances. Source: BusinessTech
With the economy returning to positive GDP growth, employment in skilled occupations such as technicians, managers and professionals is now only 2.3% below the pre-pandemic period, data from professional services firm PwC shows. Source: BusinessTech
Baby Soft, in partnership with WaterAid, will be donating R4 from every specially marked pack sold to build ten school toilets for those in need. Source: BusinessTech
The latest findings from the research Consumer Pulse Report by TransUnion shows that the civil unrest, looting and the third wave of the pandemic have further knocked the finances of South Africans. Source: BusinessTech
Credit rating firm Fitch Ratings says that economic prospects for South Africa are improving, thanks to a better than expected financial performance in the second quarter of the year – but it warned that key social and political issues are keeping the pressure on. Source: BusinessTech
South Africa is in urgent need of implementing the economic reform policies it has promised to do, says Dr Thabi Leoka, founder of economic consulting and advisory company Naha Investments. Source: BusinessTech
Since the start of the Covid-19 pandemic and lockdowns, the tourism industry has undergone various levels of restrictions, which for many establishments in the sector dealt a final blow to their business. Source: BusinessTech
The Competition Tribunal has given the green light to the acquisition of Burger King South Africa (BKSA) by a private equity fund. Source: BusinessTech
