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Economists split on how deep South Africa’s easing cycle will be
WEB2 hours ago · South Africa’s first interest-rate cut since 2020 quickly divided economists over how much further it will go after making a cautious 25 basis point start to the easing cycle, despite the Federal Reserve going twice as big the day before. Rand strength, softer oil prices and slowing inflation, which has dipped below the midpoint of the reserve bank’s 3% to 6% target range, was enough to ...
Elections 2024: 10 variables of profound importance - Polity.org.za
WEBMay 13, 2024 · The emergence of new political entities, the inclusion of independent candidates, a weaker incumbent party, pervasive uncertainty, and a clamour for change and economic revitalisation underscore the significance of the forthcoming 29 May elections. Delving into the fabric of South Africa's political landscape unveils the following ten …
South African rand cools after strong gains in data-filled week
WEB6 hours ago · The South African rand softened in early trade on Friday, cooling off after strong gains in a week that saw interest rate cuts by both the US Federal Reserve and the South African Reserve Bank (SARB), plus a local inflation print. At 0715 GMT, the rand traded at 17.50 against the dollar, about 0.1% weaker than its previous close.
South Africa has a new education law: some love it, some hate it ...
WEB5 hours ago · South Africa has a new law governing education. The Basic Education Laws Amendment (BELA) Act changes several aspects of how schools are managed. It was introduced to address inequalities in the school system by standardising rules on admissions, language policies, discipline, and even the operation of homeschooling. But it has sparked controversy.
South Africa seen sticking to modest rate cut despite Fed cut
WEB1 day ago · The South African Reserve Bank (SARB) will likely lower interest rates by 25 basis points on Thursday, despite a larger-than-expected overnight move by the Federal Reserve as it turns the screws on inflation. Almost all of the 24 economists surveyed by Bloomberg expect Governor Lesetja Kganyago to reduce the rate from a 15-year high to 8% when he announces the decision after 3 pm at a press ...
South African energy crisis: the practical implications of the ...
WEBOn 25 July 2022, President Cyril Ramaphosa announced the Government's intention to implement various "bold, courageous and decisive action[s] to close the electricity gap" in South Africa and bring an end to loadshedding. We unpack the legal and practical considerations of five key interventions as proposed by the Government below. 1.
South Africa’s foreign policy: a unity government must be practical …
WEBJun 21, 2024 · As South Africa navigates fundamental political change, it faces stark choices on foreign policy posture and priorities. The change has been brought about by the African National Congress’s loss of electoral majority, forcing it into a unity government. Based on my work over many years on South Africa’s foreign policy as well as reflections on the country’s role in Africa and the global ...
The AI National Policy: South Africa’s initial step to establish an AI ...
WEBApr 11, 2024 · At the AI Government Summit on 5 April 2024, the Department of Communications and Digital Technologies (“DCDT“) launched South Africa’s Artificial Intelligence (“AI“) Planning Discussion Document (“Discussion Document“) with the purpose of the Discussion Document being to initiate discussion between the public and private sector to facilitate AI innovation and along with that ...
The NEMLA Act - the long-awaited shift in South Africa's …
WEBJun 28, 2022 · The NEMLA Bill finally became an Act on 24 June 2022 and will introduce a major shift in South Africa’s environmental legislation on a date to be fixed and proclaimed by the President. Act No. 2 of 2022 – undoubtedly the most significant piece of environmental legislation since the implementation of the One Environmental System (OES) in 2014 – has finally been published and will soon ...