In a recent post on X, formerly known as Twitter, Mzwanele Manyi made a bold statement about the future of Bitcoin and its potential impact on global economics. On December 23, 2024, he tweeted, “Bitcoin is coming in full force. It will devalue gold. But it’s unstoppable. We therefore need to climb on this bus […]
December 24, 2024 Happy holidays, everyone! As we deck the halls and enjoy the festive season, there’s some economic news from South Africa that’s worth wrapping our heads around. Let’s dive into the latest developments in the South African Rand (ZAR) and the intriguing dance of Bitcoin in the global market. The South […]
In a recent post on X from Daily Investor (@DailyInvestorSA), it was claimed that South Africa’s economy is poised for significant improvement in the coming years, driven by ongoing reforms, increased private sector investment, the formation of the Government of National Unity (GNU), and the stabilization of Eskom. This post has sparked a debate, particularly […]
In a recent development that has caught the attention of international observers, the relationship between South Africa and the United States appears to be on shaky ground. On December 24, 2024, at 12:02 UTC, Daily Investor (@DailyInvestorSA) reported that US lawmakers have decided to drop a potential review of South Africa’s ties with Washington, citing […]
Over the past few years, South Africa has found itself ensnared in a repetitive cycle of political turmoil, corruption scandals, and endless court battles. These daily updates, often revolving around familiar narratives of political infighting, accusations, and financial mismanagement, have shaped the public discourse. For many, this creates the impression that not much progress is […]
South Africa’s Government of National Unity (GNU) is on shaky ground, and the ongoing controversy surrounding the Basic Education Laws Amendment (Bela) Bill could be the catalyst for its collapse. As consultations on the remaining contentious clauses draw to a close, pressure is mounting on President Cyril Ramaphosa from multiple fronts. The stakes have never […]
South Africa’s political landscape is once again under the microscope as tensions brew within the African National Congress (ANC). Former minister Ngoako Ramatlhodi has added fuel to the fire, unveiling private conversations with the late Tito Mboweni that paint a grim picture of the party’s current state. The revelations include scathing critiques of the ANC’s […]
As December 2024 unfolds, Eskom’s CEO, Dan Marokane, made a bold declaration to the Portfolio Committee on Energy and Electricity: South Africa will experience a loadshedding-free festive season. The statement has garnered both relief and skepticism, as the nation hopes for stable electricity supply during the holidays. But is Eskom truly ready to keep the […]
In an era where accountability and transparency in government institutions are sorely needed, the recent suspension of SASSA CEO, Busisiwe Memela-Khambula, underscores the ongoing issues facing the South African Social Security Agency (SASSA) and the wider social assistance framework. Earlier this week, Minister Nokuzola Tolashe announced that Memela-Khambula had been placed on paid suspension as […]
In an exciting move for South Africa’s township economy, Tiger Brands has stepped in as the title sponsor for the Kota Festival Tour, aiming to amplify the success of the informal sector and create new job opportunities over the next three years. The partnership highlights the growing importance of local brands working together to drive […]
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