News

African-Led Credit Rating Agency Could Reshape Africa’s Financial Narrative

Lee-Yandra Paulsen 1 October 2026

An African-led credit rating agency is being proposed amid concerns that international ratings do not always reflect the continent’s economic realities. Supporters argue that an African-based agency could provide more context-sensitive assessments and contribute to a more balanced understanding of the continent’s economies. Dr Paul Kariuki, Executive Director of the

Madlanga Commission to hold in-camera hearings ahead of November public hearings

Oyisa George 30 September 2026

The Madlanga Commission of Inquiry will hold in-camera hearings over the next two weeks as it continues investigating criminality, political interference and corruption in South Africa’s criminal justice system. Commission spokesperson Jeremy Michaels says the hearings will focus on evidence that cannot be made public because of ongoing investigations or

SASSA reviews November social grant payment dates

Ragheema Mclean 30 September 2026

SASSA is reviewing its November social grant payment dates due to a clash with the upcoming local government elections. Under the original schedule, the Older Persons Grant was due to be paid on November 3, followed by the Disability Grant on November 4 and the Children’s Grant on November 5.

Economist says Low Growth and Deindustrialisation Deepening SA’s Jobs Crisis

Ragheema Mclean 30 September 2026

South Africa’s employment picture remains challenging, with the latest Stats SA figures showing the formal sector shed 14,000 jobs between March and June. Employment was also down by 95,000 compared with the same period last year, with manufacturing among the sectors recording significant job losses. Labour economist Professor Haroon Bhorat

South Africa and France Strengthen Economic Cooperation

Lee-Yandra Paulsen 30 September 2026

South Africa and France are strengthening economic cooperation, with a focus on infrastructure, industrialisation and inclusive economic growth. Planning, Monitoring and Evaluation Minister Maropene Ramokgopa said France is now South Africa’s number-one foreign direct investor. More than 480 French companies operate in the country, employing over 65,000 people. At this

Medicine Prices to Increase by 2.88 Percent

Lee-Yandra Paulsen 30 September 2026

The Department of Health said government remains committed to responding to domestic and geopolitical pricing pressures affecting the pharmaceutical sector. This comes as the single exit price of medicines and scheduled substances is set to increase by 2.88 percent from tomorrow, marking the second adjustment to medicine prices this year.

Housing Assembly challenges approval of proposed Cape Town data centre

Oyisa George 29 September 2026

The Housing Assembly is challenging the approval of a proposed hyperscale data centre near Cape Town International Airport, raising concerns over its potential impact on water, electricity and surrounding communities. The Municipal Planning Tribunal approved the application on 14 July, but activists have since lodged an appeal, temporarily halting the

SARB Governor warns major cyberattack could trigger global financial crisis

Oyisa George 29 September 2026

South African Reserve Bank Governor Lesetja Kganyago has warned that a major cyberattack on a financial institution or payment system could trigger the next global financial crisis. He made the remarks at the third Mapungubwe Institute for Strategic Reflection Forum on Africa and geopolitics in Johannesburg. Cybersecurity specialist Anna Collard

AfriSA rejects genocide claims amid debate over crime and race in South Africa

Aneeqa Du Plessis 29 September 2026

By Odwa Mkentane An Afrikaner group, AfriSA, is rejecting a display of 3,000 white crosses planted in Washington by Lex Libertas, which joined forces with the New York Young Republican Club, saying the display misrepresents the experiences of Afrikaners in South Africa. The group says claims of an Afrikaner genocide

VOC became the first Muslim radio station in South Africa when a special events license was granted to the station in Ramadan/January 1995. Subsequent temporary broadcast licenses were granted, permitting the station to broadcast for 24 hours.

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