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📰 The week that was: 09 May 26
And here it is! The news highlights for the week.
𝗟𝗢𝗖𝗔𝗟:
ConCourt deals CR massive blow, rekindles Phala Phala cash in sofa saga💣
Garden Route mop up after massive storm flooding & destruction😳
Joburg wants households to pay 66% more to receive water😤
SANDF deployed to gang violence hotspots in Gauteng, WC & EC🫣
Sharp petrol & diesel price hikes intensify cost of living pressure🤬
Taxi & public transport operators warn fuel costs threaten routes & jobs😤
Gauteng cabinet reshuffle sparks ANC infighting & coalition tension🤯
Parli faces pressure over governance practices & internal “study groups” ⚖️
Water shortages worsen in parts of Gauteng & eThekwini😬
CPT homeowners urged to review municipal property valuations as court strikes city a blow💪🏻
Chinese carmaker Chery confirms restart of vehicle manufacturing at Rosslyn 🚗
Easter travel period sees spike in road accidents & fatalities 😪
Surge in mobile banking & WhatsApp scams triggers public warnings 😲
Hantavirus cases linked to international cruise ship prompt health monitoring😱
Health authorities stress public risk remains low & urge calm 🦠
Reverse emigration trend emerges as skilled Saffas return home ✈️
Business sector welcomes skills return but warns reforms still lag📊
Gov & legal challenges intensify at universities & public bodies⚖️
Agri & logistics sectors monitor fuel & oil volatility 🌾
𝗙𝗜𝗡𝗔𝗡𝗖𝗘:
Moodys worries war & interest rate hikes could slow SA’s growth🥴
SARS reports stronger tax revenue but rising refund fraud risks💰
FirstRand signals plans to exit UK operations after regulatory penalties 📉
Nissan confirmed plans to exit South Africa, citing regulatory complexity and empowerment rule changes. 🔚
𝗜𝗡𝗗𝗜𝗖𝗘𝗦:
JSE@117888⬆️
DOW@49609⬆️
FTSE@10233⬆️
R/$16.39
R/£22.31
R/€19.32
Bitcoin $80417
Brent crude $101
gold $4730
𝗦𝗣𝗢𝗥𝗧𝗦:
Junior Boks have maiden Righy Champs in their palms🏉
Klaasen knock puts Hyderabad top of IPL🏏
Men’s 4x400m & 4x100m had to settle for silver but did us proud 🏃🏻♂️
And in case you've missed the aerial footage of the rain damage caused at Meiringspoort watch it HERE
Have an awesome weekend!
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📰 The week that was: 09 May 26
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