But economists say the broader economic outlook is poor, dampening the private sector’s commitment to large investment spending.
Capitec Bank has come out fighting against what it believes is a kneejerk downgrade of its credit rating in the wake of the African Bank’s collapse.
Analysts have asked why regulators did not act sooner to avert the African Bank crisis.
New draft regulations may limit products that fill a gap for those unable to afford medical aid.
In addition to SA’s relatively advanced development, the US disapproves of the country for its ‘antagonism’, focus on Brics, and Middle East position.
The National Energy Regulator has agreed to Eskom recouping costs of R7.8bn from its previous price period, exacerbating upcoming rate increases.
On the cards is the building of 1.5-million homes for the elderly, poor and child-headed households.
The power utility says load shedding may worsen this winter as it battles with electricity outages attributed to its antiquated power stations.
The power parastatal has employed external consultant Mike Rossouw to help solve its myriad problems.
Mike Rossouw is expected to introduce some much needed realism at Eskom, with a more customer-centric approach.