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Tag Archives: local news

South Africa reputation improves

South Africa has been ranked 45th out of 71 countries for it’s reputation. The Reptrak study measures a country’s reputation from both an internal and external perspective. Amongst the BRICS countries, South Africa is positioned in 3rd place with Brazil and India in first and second places respectively. Joining me …

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A positive week for consumers in South Africa

It’s been a positive week for hard pressed consumers in South Africa. There was good news on the inflation front followed by an interest rate cut by the Reserve Bank on Thursday, the first time that interest rates have been reduced in many years. For more news, visit: http://www.sabc.co.za/news source

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Mazda is recalling close to 19-thousand vehicles in South Africa

Carmaker, Mazda is recalling close to 19-thousand vehicles in South Africa. This is part of a formal global recall covering a wider manufacturing period. The recall follows investigative recalls by Mazda in Japan and North America for three different types of Takata Corporation manufactured inflators. Affected units are the Mazda-2, …

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South African economy at risk of further fiscal pressures

The South African economy is at risk of a protracted weak growth and further fiscal pressures if confidence levels do not recover fast. That’s according to Old Mutual Investment Group’s economist Rian Le Roux. He says as a short term priority, government needs to reassure investors and consumers over the …

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Tony da Fonseca on South Africa’s Franchise Awards

The Franchise Association of South Africa’s Franchise Awards for Excellence in Franchising, sponsored by Sanlam and held this past week-end, honoured those franchise brands that have bucked the negative trends to show resilience and growth in these trying times. Joining me now is Tony da Fonseca The Franchise Association. For …

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South African Communist Party’s 14th Congress readiness

Monday begins the South African Communist Party’s 14th Congress. The week long event is taking place in Boksburg on the east of Johannesburg. The event will take place for the entire week. It happens every 5 years. Declarations and resolutions from the 13th national congress will be discussed and new …

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Bad news for SA artists at the 2017 BET awards

Nigeria, Tanzania and the United Kingdom featured strongly in 2017’s International BET Awards, with Nigerian Singer Songwriter Wizkid scooping the Best International Act from Africa – an award won by South Africa’s DJ Black Coffee in 2016. Correspondent Sherwin Bryce-Pease was at the awards ceremony a short time ago and …

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VW South Africa launches it’s B-BBEE initiative trust

VW South Africa launches it’s B-BBEE initiative trust today. The idea is to bring more BEE suppliers on board and to create a landscape and support network to increase transformation in the automotive sector. This takes place in a constrained local vehicle manufacturing sector. GMSA is pulling out of South …

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South Africa in a recession

The South African economy has moved into a recession. This after the country’s Gross Domestic Product decreased by minus 0.7% during the first quarter of 2017. For more news, visit: http://www.sabc.co.za/news source

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Fitch has affirmed South Africa’s credit rating

Rating Agency Fitch has affirmed South Africa’s credit rating. But Fitch had already cut South Africa’s sovereign rating which relates to debt in foreign currency, as well as rand-denominated debt to junk status. That followed President Jacob Zuma’s recent cabinet reshuffle. For more news, visit: http://www.sabc.co.za/news source

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