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Bloemfontein, and one of its neighbouring towns, both look likely to be the next locations in South Africa affected by 'transformational' name changes.
In May, Burundi held a presidential election which was won by Evariste Ndayishimiye, candidate of the ruling National Council for the Defense of Democracy - Forces for the Defense of Democracy (CNDD-FDD) party.
Ndayishimiye was hurriedly sworn in after the untimely death of president Pierre Nkurunziza in June.
Rights violations continue
The Council encouraged donor countries which had suspended aid to Burundi to continue dialogue towards resumption of development assistance.
A report by a UN watchdog in September said human rights violations were still being committed in Burundi, including sexual violence and murder.
The country was plunged into a crisis in April 2015 when Ndayishimiye’s predecessor Pierre Nkurunziza decided to run for a controversial third term, which he ultimately won in July 2015.
His candidature, which was opposed by the opposition and civil society groups, resulted in a wave of protests, violence and even a failed coup in May 2015.
Hundreds of people were killed and over 300,000 fled to neighboring countries.
When it comes to SA cities, expats voiced particular dissatisfaction with the political stability, their personal safety, and the public transportation infrastructure.
Six non-executive directors have been appointed to the interim board of SAA, and are tasked with restoring proper governance and oversight at the airline during its business rescue process.
Bophelo Recycling was also lauded for making a positive difference to the environment.
Here's a quick glance at what the weather forecast holds in store across all the South African provinces. Stay warm or keep cool.
By ZEKE MILLER | Associated Press WASHINGTON — President Donald Trump celebrated the expected approval of the first U.S. vaccine for the coronavirus Tuesday as the White House worked to instill confidence in the massive distribution effort that will largely be executed by President-elect Joe Biden. Trump said the expected approvals are coming before most […]
[GroundUp] Mystery company is run by prominent businesswoman Carol Bouwer
Charlize Theron seems pretty enticed by the idea of starring in a remake of Die Hard in which she saves her lesbian wife.
South African referee Deon Dwarte will take charge of the Joshua vs Pulev heavyweight title fight in London this weekend.
South Africans tried to make sense of this tumultuous year by asking Google about the coronavirus, the US elections, unemployment grants and how and how to make pizza dough.
Disgruntled KwaSizabantu Mission workers have embarked on a strike over the alleged unfair dismissal of around 20 Emseni Farming workers last month.
Japan's Ayumu Goromaru, who enjoyed cult status after leading his country to a World Cup win over the Springboks, is hanging up his boots.
SASSA released a statement on Wednesday, informing all beneficiaries - including R350 grant applicants - about the threat criminals pose to these payments.
ZIMBABWE Stock Exchange-listed property firm Mashonaland Holdings says it has deferred the reconfiguration of the iconic Charter House building in Harare into a hotel to the first quarter of 2021. BY FIDELITY MHLANGA In a statement accompanying the company’s financial results for the year ended September 30, 2020 board chairperson, Grace Bema said the Charter House plan was part of several projects whose implementation had been affected by the COVID-19 outbreak. The multi-storey Charter House, which towers above a sea of mostly empty high-end properties in central Harare, is one of the oldest real estate gems in Harare. But it has not been spared by an exodus of businesses from the central business district due to congestion and an influx of informal businesses. Many other buildings within this zone have also been earmarked for reconfiguration into other uses, such as residential properties. “The Charter House reconfiguration to a boutique hotel was equally delayed by the pandemic with on-site works now targeted to begin in Q1 2021 (first quarter of 2021),” Bema said. “However, the Bluff Hill cluster housing project is set to commence following the conclusion of the tender process. Construction of a model house for this project is scheduled for completion in Q1 2021. All the bricks required to complete the development have been procured and delivered on site,” she said. “Overall the COVID-19 pandemic has presented significant challenges to the property market, notably the tourism sector which has been left on its knees due to the global travel restrictions as the world grappled to contain the spread of COVID-19. However, the effect on other property market sub-sectors was not as dire as initially anticipated as reflected by the resilient occupancy and collection levels. However, the scaled down business operations due to the pandemic meant that most could not absorb upward rent reviews in a hyperinflation environment, especially when their businesses had been closed for an extended period due to the national lockdown,” she said. Bema said a key challenge for property developers was that construction costs remained high, while property market values were falling, rendering new developments inviable. “At the same time, building maintenance costs have risen sharply as contractors are indexing costs to the United States dollar based on the parallel market. The limited number of projects has also resulted in higher contractor charges in the absence of economies of scale. Resultantly, property owners have deferred non-critical building maintenance works which will likely have an impact on future values,” she said. Inflation adjusted revenue for the period increased by 30% from $133 million to $173 million, mainly attributed to rent reviews implemented during the year. The growth in occupancy levels from 77% to 79,2% also contributed towards revenue growth. Operating expenses to revenue ratio marginally improved from 50,3% to 50,1% as management exploited cost saving opportunities to protect profits. Operating profit to rev
“Fifty years of making a seat at the table and building a pipeline for those to come, and 50 years as the ‘Conscience of the Congress,'” said Congresswoman Bass, adding, “On behalf of the entire Congressional Black Caucus, congratulations to the members of the Executive Committee for the 117th Congress.”
South Africa’s gross domestic product saw an expected surge in growth between July and September this year. The country’s annual figures rose by 66.1 percent after the Covid-19 restrictions were uplifted.
The economy had in the prior three months recorded a contraction of 51 percent during the nationwide lockwide.
The Africa’s most industrious economy was in a major recession even before the pandemic hit and later on proceeded to a further contraction.
Compared with the same period a year earlier, GDP shrank by 6% in the third quarter after a revised 17.5% contraction in Q2.
This major growth was mainly recorded from manufacturing, trade, and mining.
However, the recovery remains vulnerable, with power shortages and slow structural reforms likely to weigh on sentiment.
Unemployment also remains low at 30 percent yet it needs 5 percent economic growth to guarantee jobs. But the current projected growth rate is expected to be -8 percent.
President Ramaphosa says Ace Magashule will appear on 12 December, then after, the ANC top six would process the outcomes and determination.
Zane Killian, who has serious charges against him, has to isolate after coming into contact with a cellmate who showed COVID-19 symptoms.
