Flash Briefing: Omicron travel ban leaves SA tourism reeling, citizens stranded; Prasa mess threatens foreign investment; SAA, Takatso deal progresses
Briefing | Flash

Flash Briefing: Omicron travel ban leaves SA tourism reeling, citizens stranded; Prasa mess threatens foreign investment; SAA, Takatso deal progresses

The near-global travel ban to and from South Africa over fears of the Omicron variant has left the local hospitality industry reeling. Not only has this latest travel ban done untold damage to many local businesses that would have benefited from tourism over the festive season, but its sudden onset has also left South Africans…

Flash Briefing: New Covid variant in SA; Treasury blocks Sanral’s R7bn Brics loan; Western Cape weather warning
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Flash Briefing: New Covid variant in SA; Treasury blocks Sanral’s R7bn Brics loan; Western Cape weather warning

Health minister Joe Phaahla says that the discovery of the new B.1.1.529 Covid variant is still ‘very fresh news’ and has caught the government by surprise, with health officials and scientists still monitoring the situation to determine how it could impact South Africa. Phaahla said that the government was only fully briefed on the new…

Flash Briefing: Groups fight to send Zuma back to jail; Gupta brother pushes boundaries; ANC licks its wounds amid DA’s precarious victory
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Flash Briefing: Groups fight to send Zuma back to jail; Gupta brother pushes boundaries; ANC licks its wounds amid DA’s precarious victory

The Helen Suzman Foundation, the DA and AfriForum have approached the courts to have Jacob Zuma sent back to jail, saying that there has been absolutely no indication that the former president is terminally ill, making the granting of his medical parole unlawful. The former president spent one month in Estcourt prison in July, was…

Flash Briefing: Eskom investigates possible sabotage; unrelenting Covid-19 tender fraud continues; coalition agreements unclear despite deadline
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Flash Briefing: Eskom investigates possible sabotage; unrelenting Covid-19 tender fraud continues; coalition agreements unclear despite deadline

Eskom CEO André de Ruyter says that Eskom is investigating suspicious circumstances surrounding the breakdowns of several power stations. Paraphrasing a principle known as Hanlon’s Razor, De Ruyter said he always tries to assume good faith. “My fundamental point of departure has always been not to attribute to malice what can be explained by incompetence,”…

Flash Briefing: Coalition collapse; private sector involvement in failing SOEs; AfriForum challenges lockdown, Dlamini-Zuma
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Flash Briefing: Coalition collapse; private sector involvement in failing SOEs; AfriForum challenges lockdown, Dlamini-Zuma

Coalition talks between political parties have broken down, with the deadline for forming councils in hung municipalities looming. ActionSA leader Herman Mashaba has confirmed that parties have rejected proposals from the DA, where the latter seeks to control major metros like Tshwane and Johannesburg. Mashaba reportedly said: “We made it clear to the DA, please…

Flash Briefing: Hospitality industry warns against more lockdown restrictions; DA coalition talks look good for Tshwane; 2027 Cricket World Cup in SA
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Flash Briefing: Hospitality industry warns against more lockdown restrictions; DA coalition talks look good for Tshwane; 2027 Cricket World Cup in SA

South Africa’s hospitality industry says the government needs to look at all the options it can before reintroducing damaging lockdown regulations. Fedhasa, the national trade association for the hospitality industry, pointed to the government’s recent decision to extend the national state of disaster to 15 December 2021 as a point of concern ahead of the…

Flash Briefing: SARS ‘scores’ R172bn for the fiscus; Godongwana’s inaugural budget speech; FW de Klerk dies at age 85
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Flash Briefing: SARS ‘scores’ R172bn for the fiscus; Godongwana’s inaugural budget speech; FW de Klerk dies at age 85

SARS says its concerted effort to clamp down on tax non-compliance has resulted in R172bn for the fiscus, drawn across all tax types. However, the revenue service warned that tax compliance was under strain, dropping from 65% to 62%. Tax morality is heavily tied to a well-run and efficient government. Over the last decade, widespread…

Flash Briefing: 2021 Local Elections likely to usher in coalitions; coalition politics; Eskom corruption still rife says de Ruyter
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Flash Briefing: 2021 Local Elections likely to usher in coalitions; coalition politics; Eskom corruption still rife says de Ruyter

With 97% of the ballots counted, the Democratic Alliance and ActionSA, together with support of natural allies, appear to have won sufficient votes to take control of Johannesburg and Tshwane, SA’s commercial heartland and its capital city. Critically, the business-friendly political parties appear to have secured enough votes to rule these two key cities without…

Flash Briefing: Fuel prices hit record-high; 2021 Local Elections update; SA pension funds banned from crypto investments per draft rules
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Flash Briefing: Fuel prices hit record-high; 2021 Local Elections update; SA pension funds banned from crypto investments per draft rules

South African motorists will be hit with record-high fuel prices from Wednesday, with petrol prices increasing R1.21 and diesel prices shooting up R1.48. This puts the inland petrol price over R19.50, pushing towards the R20.00 mark. Economists and analysts have warned that the petrol price will push over R20 by the end of the year.…

Flash Briefing: Coalition talks ahead of elections; Transnet’s unjustified proposed tariff hike; electricity promised for election day
Briefing | Flash

Flash Briefing: Coalition talks ahead of elections; Transnet’s unjustified proposed tariff hike; electricity promised for election day

The 2021 election could usher in a massive shift in SA’s political landscape, with the ANC for the first time admitting before an election that it is preparing for coalition talks, while the DA has signalled its willingness to co-operate with the ruling party. In an unprecedented move, acting secretary-general Jessie Duarte told journalists that…