News flash News Flash – Moody’s, Outlook, and Corruption

News Flash – Moody’s, Outlook, and Corruption

Moody’s has reduced South Africa’s growth forecast for 2020 to below one percent. This in itself does not bode well for the possibility of a downgrade by Moody’s at the end of March. Still, the budget speech will take place next week and this should bring South Africa’s prospects into sharper focus. Global News Roger…

News flash News Flash – Coronavirus, Stone, and SONA

News Flash – Coronavirus, Stone, and SONA

Yesterday President Ramaphosa gave his State of the Nation Address (SONA) which received mixed reactions. It wasn’t that President Ramaphosa let us down on his orating skills, or in his vision of what South Africa could do for its populous and how it could be an international powerhouse. Many share his vision of this potential.…

News flash News Flash – vote to acquit, warrant for arrest

News Flash – vote to acquit, warrant for arrest

The Senate voted to acquit President Trump to his great glee and to the Democrats’ disdain. The process is not over, and the Democrats are already talking of different avenues to take. If anything, it is displaying the pettiness of American, and in turn global, politics. Global News As was widely anticipated, President Trump will…

News flash News Flash – Brexit, acquittal, Eskom

News Flash – Brexit, acquittal, Eskom

This week has brought eventful news: the UK is leaving the EU; Trump may be acquitted today; and the Coronavirus has been classified as a global health emergency. Locally, the Public Protector has been asked to step down; Eskom’s CEO has been creating a buzz, and Cosatu has plans to rescue Eskom! Global News Britain…

News flash News Flash – Brexit, Davos, Zondo

News Flash – Brexit, Davos, Zondo

After four years of Brexit uncertainty, Prime Minister Johnson’s majority in parliament has allowed him to pass his Brexit deal! There are still hurdles before it is finalised, but the steps are in motion. Tito Mboweni flew the flag for South Africa in Davos this week, saying that besides immediate steps to resuscitate the economy,…

News flash News Flash – Impeachment trial, resignations, interest rates cuts, and it is only week two

News Flash – Impeachment trial, resignations, interest rates cuts, and it is only week two

What an eventful week: The impeachment trial has begun, Russia’s government resigned, and Australia received some desperately needed rain. Locally, there have been many shifts too – the SARB lowered rates, the Zondo Commission resumed, and President Ramaphosa made forward strides with regards to Eskom. Global News President Trump’s impeachment trial has begun. Democrat Adam Schiff read…

News flash News Flash – the end of a decade

News Flash – The End of a Decade

Welcome to our last News Flash of 2019. We wish you peace and joy as the year draws to a close and may your journey into the new decade continue on this note, accompanied by much prosperity. Our Weekly News Flashes will resume on the 10 January 2020. Global News Boris Johnson has won a conservative…

News flash News Flash – SAA in business rescue

News Flash – SAA in business rescue

SAA has finally gone into business rescue. What this means for the long-term prospects of the business is still unknown, but a business rescue practitioner will be appointed immediately. This may be a good move as at least changes are being made to the bulky state-owned enterprises, and this will in-turn alleviate the weight bearing…