Category News

Daily Maverick

South Africa’s draft Integrated Resource Plan 2024 criticized by experts for flaws in process and outcome, with nuclear energy and gas inclusion lacking rationale. Extra costs may impact taxpayers and electricity tariffs. The plan is under discussion at Nedlac before Cabinet review. Ministry of Electricity and Energy emphasizes evidence-based planning for future energy needs up to 2050.
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BusinessTech

Finance Minister Enoch Godongwana confirms FSCA investigation into major banks’ transaction fees in South Africa. The investigation aims to assess fairness and transparency of fees, with observed disparities and lack of disclosure. FSCA published a conduct standard for lenders in 2020, effective July 2021.
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SowetanLIVE

Deputy Minister Kenny Morolong condemned the brutal killing of journalist Aserie Sibusiso Ndlovu and his partner Zodwa Mdhluli, whose bodies were found after being missing since February 18. The presidency mourned their loss and emphasized the importance of combating violent crime. Deepest condolences were extended to the victims’ families, friends, and colleagues.
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BusinessTech

Johannesburg mayor promotes Lanseria Smart City, which remains undeveloped years after promises of a vibrant new city for 350,000 to 500,000 residents. Originating in 2007, the project aimed to offer luxury living around an airport, gaining government support. Plans included a business district and partnership with PIC. President Ramaphosa highlighted the project in 2020.
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the Guardian

LGBTQ+ Catholics express concern over new Pope Leo XIV’s past remarks condemning the “homosexual lifestyle” and “redefinition of marriage” as against the Gospel. Father Prevost criticized mass media for promoting anti-Christian values, calling for a new evangelization to counter distortions. The cleric’s remarks from a 2012 address were highlighted in a video by Catholic News Service.
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The Citizen

The Montrose Mega City housing project stalled due to contractor liquidation. A man died on the West Rand after a wall collapsed at an incomplete social housing project. Gauteng DHS extends condolences and remains committed to project completion. Police investigate, citing victim’s unauthorized presence and tampered steel reinforcements. Site deemed dangerous for years, security measures being finalized.
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EWN

The US NIH has implemented a new policy prohibiting foreign sub-awards, impacting South African clinical studies. Billions in research grants may not be renewed as principal recipients can no longer pass funds to collaborating overseas groups. South African researchers, who receive NIH funding, face uncertainty as projects relying on foreign subgrants will not be renewed under the new policy.
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Daily Maverick

A cold front will hit Western Cape this weekend, bringing strong winds and big waves from Friday night. Potential impacts include uprooted trees, roof damage, fires, and disrupted coastal activities. City of Cape Town warns of falling trees and debris. Front expected to move fully by Saturday. Cold fronts common in winter months, varying in severity. Incoming front to bring cold, rain, and strong winds.
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IOL News

Economists anticipate potential interest rate cuts in South Africa as cost of living increases in April. Statistics SA to release CPI data on May 21, same day as Budget 3.0. Decision on interest rates to be announced a week later. Investec chief economist predicts two 0.25 percentage point cuts this year, contingent on US Federal Reserve’s actions.
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IOL News

Police in Limpopo are on a massive manhunt for two men after a rape, murder, and house robbery in Malamulele. The father of two victims was tied up by the intruders who demanded money and cellphones. The father managed to untie himself after hearing gunshots and rushed to check on his children.
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