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Tag Archives: local news

National review of the bachelor of laws qualification

South African Universities in no particular order, face the possibility of having their accreditation withdrawn or given conditions of improvement in the Bachelor or Laws, LLB qualification. This after the Council on Higher Education, CHE, released the outcomes of its national review of this qualification. The peer driven process was …

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BREAKING NEWS: Fitch downgrades SA to junk status

Fitch Rating agency has downgraded the country’s long-term foreign and local debt. The latest move by Fitch takes both South Africa’s foreign and domestic denominated rating to sub-investment grade, also termed junk. The agency has cited recent political events, including last week’s cabinet reshuffle, adding that it’s concerned that governance …

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Violence will not be tolerated at anti-Zuma protests: Mbalula

The South African Police say no violence will be tolerated during the anti – Zuma march in Pretoria by opposition parties. This after thousands of people marched peacefully across the country during similar marches, under the banner of civil rights group SAVE SA last week. For more news, visit: http://www.sabc.co.za/news …

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South Africa currently has debt of about R1.8 trillion

After Fitch Ratings downgraded the country’s debt ratings to junk status last Friday, the Global financial service company J.P. Morgan, announced that South Africa will be excluded from its investment -grade emerging market bond indexes in late April. This announcement was made hours after South Africa was downgraded to junk …

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Black Business Council on Fitch downgrade

If there was any doubt about South Africa’s poor standing in the eyes of credit rating agencies, it has been harshly removed. The country has been hit with another downgrade into junk. On Monday rating agency Standard and Poor’s lowered South Africa’s sovereign rating into sub-investment grade or junk. And …

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WRAP: A look at anti-Zuma protests across the country

Police have fire rubber bullets around Bree Street in Johannesburg, where some pro-Zuma supporters tried to intercept a legal march going towards Luthuli House. Thousands of protesters have joined hands in an anti-Zuma marches across the country. Those gathered are holding up South African flags and posters are calling on …

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South Africans heed to call for mass action against Zuma

South Africans came out in force today to show their dissatisfaction with President Jacob Zuma. We start in the capital. Pretoria came to a standstill as thousands of South Africans from all walks of life, marched in protest against President Jacob Zuma’s administration. They demanded President Zuma step down following …

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SA appeared before the ICC, Prof. Shadrack Gutto reacts

South Africa appeared before the International Criminal Court in the Hague today. It defended its failure to arrest Sudanese President Omar al-Bashir during a visit to the country in 2015. South Africa told the Court it believed it was under no obligation to arrest al-Bashir, saying it was caught between …

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Wheelchair Tennis South Africa prepares for SA Open

Wheelchair Tennis South Africa has a training camp in preparation of the highly anticipated SA Open that starts at Ellis Park stadium on Monday. South Africans will look at Evans Maripe, Lucas Sithole and Kgothatso Montjana to fly the country’s flag high in this tournament. For more news, visit: http://www.sabc.co.za/news …

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Anti-Zuma marches went as far as New York

The big story today – off course – South Africans showing their dissatisfaction with President Jacob Zuma. In New York City, a small group of protesters gathered outside South Africa’s Consulate in solidarity with the scores of local protesters. Expatriates expressed a collective view that while they might live aboard, …

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Save SA march will go ahead: Court rules

Friday’s march led by Save South Africa to the Union Buildings in Pretoria will go ahead. Acting national police commissioner Kgomotso Phahlane caused some confusion earlier when he declared the Marches in Tshwane illegal. But at that time, the Pretoria regional court had just ruled in favour of the organisers. …

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UPDATE: SAVE SA Pretoria protest

Save South Africa supporters have started to wake up after sleeping at Church Square in Pretoria where they held a night vigil. Security at the Union Building has been beefed up. For more news, visit: http://www.sabc.co.za/news source

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Treasury reacts to SA’s junk status

Treasury has responded to the news that South Africa has been downgraded to junk status by rating agency, Standard and Poor’s. It says the status has lowered the country’s sovereign rating which affects debt denominated in foreign currency For more news, visit: http://www.sabc.co.za/news source

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Rand takes a huge knock following S&P downgrade

Treasury has responded to the news that South Africa has been downgraded into junk status by ratings agency Standard and Poor’s. It says that while S and P has lowered South Africa’s sovereign rating which affects debt denominated in foreign currency, the debt that is in rands retains an investment …

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Reactions as Standard & Poor’s downgrades SA to junk status

Ratings agency Standard and Poor’s has downgraded South Africa to junk status. This follows a hotly debated and protested cabinet reshuffle last Thursday that rattled investors and plunged the rand. For weeks there were fears that political uncertainty would trigger a downgrade in the country. For more news, visit: http://www.sabc.co.za/news …

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