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Eskom suspends load shedding early due to restored reserves after stage 3 implementation. ‘Perfect storm’ of events led to short notice return of load shedding, including breakdown of key power station units and reliance on gas turbines. Maintenance delays and reserve depletion required restocking for the week ahead. Updates to be provided if significant changes occur.
Lightstone reveals Western Cape as home to most expensive suburbs in the country, with top 27 averaging over R10 million. Llandudno, Bishopscourt, and Clifton top the list with prices exceeding R20 million. Sea Point, Bryanston, and Sandown lead in sales, with Sea Point recording 730 sales at an average of R4,023,945. Western Cape and Gauteng share high-end sales list evenly.
Residents in Johannesburg are facing water shortages due to a maintenance project by Joburg Water. The Hector Norris pump station will only resume water supply on Monday after the installation of new isolation valves. Affected areas will have low water pressure, with access to water tankers provided. Several water towers and reservoirs will be affected during the maintenance.
The IMF warns of economic challenges in South Africa due to fiscal deficits and public debts. Forecast predicts GDP growth to rise from 0.8% in 2024 to 1.5% in 2025, reaching 1.8% by 2030. Improved electricity generation, monetary policy easing, and restored investor confidence post-elections contribute to growth. Ongoing reforms in electricity and logistics are expected to support long-term growth.
EFF warns President Ramaphosa against being led into war by “fanatics” amid diplomatic dispute with Rwanda over SANDF presence in DRC. Julius Malema urges restraint, cautions against senseless wars to unite people against a common enemy.
Eskom warns of potential load shedding after 10 months of stable electricity supply. Emergency reserves depleted due to recent breakdowns, may lead to Stage 4 load shedding over the weekend. Nersa rejects Eskom’s tariff increase application for 2025/2026 financial year. CEO Dan Marokane says setback is temporary, monitoring reserves closely. Further updates to follow.
Home Affairs Minister Leon Schreiber praised the use of drone technology by the Border Management Authority (BMA) in intercepting over 2,000 illegal immigrants during the festive season. The drones identified breaches in border barriers at five ports of entry, leading to the detection of 2,188 individuals attempting illegal entry. Schreiber advocated for the permanent use of drones to combat illegal immigration.
Parliament’s Public Works and Infrastructure Committee chairperson expects Minister Dean Macpherson to implement the Expropriation Act despite his opposition. The clash between ANC and DA continues over expropriation without compensation. President Ramaphosa signed the bill into law, but Macpherson vows not to allow property expropriation.
Rwanda and South Africa are competing to host the return of Formula 1 to Africa in 2027. Lewis Hamilton and other drivers support the idea, with Rwanda proposing a sustainable and scenic race track. President Paul Kagame announced Rwanda’s bid with FIA’s backing.
The South African Weather Service issued a heatwave advisory for Gauteng, with extremely hot conditions expected until Saturday. Scattered thunderstorms are forecasted for the weekend, with localized flooding in low-lying areas.
