5 important things happening in South Africa today
·13 Dec 2023
Here’s what is happening in and affecting South Africa today:
- Surpassed expectations: A recent release shows that mining output rose 3.9% year on year – beating widespread estimates by experts of a 1.2% growth. The manufacturing is also up by 2.1%, beating forecasts of a 1.7% advance. [BusinessTech]
- What water crisis?: Johannesburg Water says that there is no “water crisis” because only a few of the more than 100 water systems in the city have been affected by outages (hitting areas such as Sandton, CBD, the south, and west). This statement comes just two months after the entity said that the situation was a crisis. [News24]
- Gauteng Crime Prevention Wardens get full police powers: Gauteng’s controversial Gauteng Crime Prevention Wardens have been declared peace officers after the Ministry of Justice and Correctional Services granted them formal legal powers under the Criminal Procedure Act. This means they will now have the power of arrest and can carry a firearm. [Daily Maverick]
- Constitutional Court win for asylum seekers: In a unanimous decision, South Africa’s apex court struck down provisions of the Refugees Act which deemed asylum seekers as illegal foreigners if they did not renew their visas within a month. [GroundUp]
- Markets: The South African Rand rebounded in early trading on Tuesday against the dollar, as global markets prepared for consumer inflation data from the US, which could set the tone for the Federal Reserve’s future interest rate trajectory. On Wednesday (13 December), the rand was trading at R18.98 to the dollar, R23.82 to the pound and R20.47 to the euro. Oil is trading at $73.01 a barrel. [Reuters]
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