Mozambique’s long-held dreams of natural gas have got a fresh boost following an estimated $1.1 billion contract award by ExxonMobil for the Rovuma LNG Phase 1 project in Mozambique’s Cabo Delgado region. The signing of the contracts represents a big leap towards FID for the project, whose objective is to build onshore LNG facilities with […]
South Africa will allow all agricultural exports including wine and wool to resume under new lockdown regulations. The country will move to a national alert level 4 from Friday after five weeks of a strict lockdown, during which most industries were shut and the economy ground to a halt. The prohibition on the local sale […]
South African Airways suffer heavy financial losses as the ramifications of the covid -19 pandemic hits hard. The South African airline, which has been denied further funding from the government to support its operations, has suspended all international flights until May 31 as the country battles covid 19. Authorities say, the company is facing serious […]
Standard and Poor’s on Wednesday lowered the credit rating for South Africa by one notch to “BB-” due to the “significant adverse implications” of the coronavirus pandemic on the country’s already-weakened economy. “South Africa’s already contracting economy will face a further sharp COVID-19-related downturn in 2020,” after contracting in the second half of 2019 due […]
The homeless in Johannesburg South Africa are the most affected by containment measures that have been in place in the country for more than a month. With these restrictive measures, this very disadvantaged section of the population can no longer count on the generosity of motorists, shopkeepers or pedestrians. Without any social safety net, the […]
South Africans did not mark a national freedom day celebration on Monday. Rather, people were tested for signs of COVID-19 in the densely populated Alexandra township under lockdown. April 27, was a day to commemorate the first post-apartheid elections in 1994. ‘‘The community of Alexandra are very vulnerable because they stay on top to each […]
South African Football Association (Safa) president Danny Jordaan says the coronavirus pandemic is “a moving target” that will continue to create uncertainty around the immediate future of the game in the country. Jordaan said the government’s lockdown levels will be a crucial factor in deciding when the matches will resume in the country. “South Africa […]
South Africa’s Police Minister Bheki Cele apologized to the Muslim community Sunday for blasphemous statement made by a police officer while arresting worshippers for breaching coronavirus lockdown rules. Cele’s apology came hours after a video clip circulated on social media showing police officers arresting 24 worshipers in Mpumalanga province Saturday. At the end of the […]
Limpopo’s health department said on Sunday that more than 2.7 million people had been screened for Covid-19 in the province. The screening was done between April 14 and 24, provincial health MEC Phophi Ramathuba said in a statement. “Following the launch of the provincial mass household screening programme by premier Chupu Mathabatha on the 14th […]
South Africa on Sunday received a medical team from Cuba to help health officials treat COVID-19 patients. The 217 health care professionals include doctors, nurses, epidemiologists and technical experts. “It’s really something great, the feeling for what is being done to help other countries with fewer resources deal with this pandemic is hard to describe, […]
The experienced shot-stopper has disclosed the key to his success having played in the PSL for 13 straight seasons Kaizer Chiefs captain Itumeleng Khune has called on football fans to take care of their hands as the country battles the coronavirus. The accomplished shot-stopper, who has arguably the safest hands in South African football, stated […]
In South Africa, provision has been made at a treatment centre for those infected by the coronavirus. At a visit to a COVID-19 treatment centre in Johannesburg Friday, president Cyril Ramaphosa expressed his satisfaction with the level of preparedness. “The country now needs to get very well prepared, because we are going to be reaching […]
Lesotho’s government has agreed with South African mediators and political parties to implement a “dignified retirement” for prime minister Thomas Thabane. This was disclosed in a joint statement on Monday, signaling stepped up efforts to end a political crisis. Thabane has been under pressure to resign owing to a murder case in which he and […]
South African President Cyril Ramaphosa on Tuesday announced a 26 billion U.S. dollars relief package to support the economy and the vulnerable during the coronavirus pandemic. In a special address to the nation, Ramaphosa announced “a massive social and economic support package of 500 billion rand (26.3 billion U.S. dollars), which amounts to about 10 […]
South African Airways (SAA) is set to lay off all of its employees at the end of April. A document detailing the airline’s severance package, obtained by Bloomberg, shows that 4,700 employees will leave the company by the end of this month. The collapsing airline will reportedly make sales of its assets to foot the […]
Orlando Pirates have been regularly linked with Thulani Hlatshwayo for some time now, and Teko Modise has given his view on a potential Bucs deal for ‘Tyson’… The Bafana Bafana and Bidvest Wits captain recently signed a contract extension in Braamfontein as he committed his future to the Clever Boys last year, but the talk […]
Health Minister Zweli Mkhize says President Cyril Ramaphosa and his national command council (NCC) debate the balance between securing food supply in South Africa and containing the spreading of Covid-19 daily. “What is the best way to ensure the balance between the transmission (of the coronavirus) and food supply? There is a huge amount of […]
Nearly eight out of ten South Africans say their household income has been affected by the Covid-19 pandemic, while one out of ten has already lost their jobs, according to new research from consumer credit reporting agency, TransUnion An additional 7 percent of South African adults expect their household income to decline in the future, […]
The Pound Sterling South African Rand (GBP/ZAR) exchange rate rallied by 0.8% this afternoon, leaving the pairing trading at around R23.2864. The South African Rand suffered steep losses against the Pound today after a surprise rate cut from the country’s central bank. The South African Reserve Bank (SARB) slashed interest rates by 100 basis points […]