5 important things happening in South Africa today

Here’s what is happening in and affecting South Africa today:

  • Health minister Dr Zweli Mkhize is trying to allay fears about the National Health Insurance, saying that it will be done affordably, reworking current budgets, and that the country cannot afford not to do it. He said that other countries implemented universal healthcare when they were in a worse position than South Africa, and ended up having some of the best healthcare in the world. More importantly, he said that South Africans have waited long enough. [News24]
  • Emerging markets, including South Africa, continue to suffer under less than ideal international conditions – headlined by an escalating trade war between the US and China. Investors have pulled R212 billion from emerging markets so far in August, the most since Donald Trump’s US Presidential election win in November 2016. For South Africa, it is heading towards being the worst August in 21 years. [Reuters]

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5 important things happening in South Africa today