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South Africa

WHAT'S NEXT?: Local elections in South Africa this year could see the ruling African National Congress lose control of key cities like Johannesburg and Pretoria for the first time. South Africa's economy is at risk of falling into recession and public confidence in the ANC is falling.

  • [New] Africa proposes expanding and tracking climate finance; Egypt and Greece plan to link electrical grids; South Africa seeks low-cost financing for clean energy. Brookings
  • [New] By SAVIOUS KWINIKA JOHANNESBURG, - ALREADY battling rampant unemployment, South Africa is racing against time to bridge the digital skills divide amid fears some jobs would be lost to technology in the next four years. Global Diaspora News
  • [New] South Africa has decided not to grant approval to Russia's Sputnik V COVID-19 vaccine as there is a risk that it might make vaccinated men more vulnerable to HIV infection. Health Policy Watch
  • [New] Google's investment will include a subsea cable, which will cut across South Africa, Namibia, Nigeria and St Helena, connecting Africa and Europe. TechCrunch
  • [New] Nations that updated their pledges in recent days include South Africa and Japan, with the latter promising to halve its emissions by 2030 from 2013 levels. Eco-business
  • [New] While in South Africa, the DFC delegation will visit Africa Data Centres, a DFC client that is developing and expanding critical technology infrastructure throughout Africa. Media
  • [New] Once again, experimental Urban Living Labs will be implemented in cities in Bangladesh, India, Mexico, and South Africa that are home to BMZ-funded projects. Urbanet
  • [New] To meet the national vaccination target in December, South Africa will need to introduce a combination of mandatory vaccine policies and incentives, recommends Business for South Africa an alliance of volunteers working with the South African government to combat the Covid-19 pandemic. Trendsnafrica
  • [New] The water crisis in Cape Town, South Africa, demonstrates that carbon emissions and climate change are not the only sustainability threats. CFA Institute Enterprising Investor
  • [New] Africa was and will remain, part of Anglo's home base, and was reinforced by learnings from operating in South Africa, Botswana, Namibia, Zimbabwe and the northern parts of Africa. Mining Weekly
  • [New] South Africa needs to pursue money laundering and terrorist financing in line with its risk profile, including so-called State Capture, the corruption practices involving businesses and politicians conspiring to influence South Africa's decision-making process to advance their own interests. Fatf
  • [New] Some analysts expressed concern that Africa, after escaping the initial spread of infections, could face a sharp increase in rates of infection outside South Africa, Egypt, Nigeria, Algeria, and Ghana, where most of the initial infections had occurred.
  • [New] The multi-phase project will provide water to the Gauteng region of South Africa and generate hydroelectricity for Lesotho. Global Diaspora News
  • [New] If South Africa can unlock disruptive technology, in particular green hydrogen, it could decarbonise its petrochemicals and chemicals sectors and become a leading global producer of green fuels and chemicals for both domestic use and export. Engineering News
  • [New] South Africa aims to cut coal's share of the energy mix to less than 60% by 2030 from around 75% now while increasing the share of wind and solar power to around 25%.
  • [New] South Africa will need US$ 215 billion in investment in its cities; Kenya, US$ 27 billion; and Ethiopia, US$ 42 billion. World Bank
  • [New] The Bill, which will facilitate South Africa's transition to a greener economy, compels businesses to reduce greenhouse gas emissions that accelerate climate change. The Mail & Guardian
  • [New] The use of social media as a carrier for mobile payment transactions will be especially popular in South Africa, where WhatsApp dominates as the most popular app with 23 million users. Financial IT
  • [New] In addition to its core membership, the OECD maintains partnerships with five non-member economies-China, India, Indonesia, South Africa, and Brazil-providing opportunities for regular dialogue. Rhodium Group
  • [New] Lesotho is lacking the funds to expand its hydroelectric power, but it has more potential and it could share that with Mozambique and South Africa and other countries around Lesotho, and it would help Lesotho's development. United States Department of State
  • [New] India appreciated the US decision to support the initiative by India and South Africa, to seek a waiver of IPR at the WTO, so that vaccines could be made more widely available, particularly in the developing world. ThePrint

Last updated: 26 October 2021