south africa

President Cyril Ramaphosa’s cabinet has approved the Criminal Law Amendment Bill of 2021 for processing in parliament, with the bill expected to make it easier to track and trace violent offenders in the country. Source: BusinessTech

South Africa plans to ‘upgrade’ human settlements across the country to accommodate an expected influx of migrants to the country’s urban areas, says Human Settlements minister Mmamoloko Kubayi. Source: BusinessTech

President Cyril Ramaphosa signed the Private Security Industry Regulation Amendment Act into law in October 2021, introducing stricter regulations around South Africa’s private security sector. Source: BusinessTech

Multichoice chief executive Calvo Mawela says he is not ‘nervous’ about the entrance of Netflix, Disney+ and other international players in South Africa’s television market, with the group planning its own unique offerings to go toe-toe with these players. Source: BusinessTech

South Africa’s top-performing equity fund has reaped the benefit of a wager that battered stocks, particularly in the energy sector, would flourish as economies rebounded from the worst of the pandemic. Source: BusinessTech

Times are tough and are getting increasingly more difficult for consumers in South Africa. Source: BusinessTech

Old Mutual’s private equity arm is in talks to buy Long4Life, the South African investment company founded by entrepreneur Brian Joffe, according to people familiar with the matter. Source: BusinessTech

South Africa’s largest company by market capitalisation Naspers has warned that the government is not doing enough to encourage the country’s technology sector and promote start-up growth – and that further regulation could cause damage. Source: BusinessTech

November is set to be the beginning of a bleak period for South African consumers, many of whom are already at breaking point due to the prolonged pandemic. Source: BusinessTech