Massive visa backlog crippling South Africa
South Africa is facing a massive visa backlog that is causing significant problems for skilled workers, tourists, and prospective retirees trying to enter the country.
Eskom skills crisis
Eskom is facing a severe skills crisis as many experienced and qualified employees have left or plan to leave the power utility due to its difficult working environment.
Coal power could cost South Africa over R1.6 trillion — and it’s not because of load-shedding
The European Union’s new carbon border adjustment mechanism, which imposes a cross-border carbon tax on imports from countries heavily reliant on coal power, could cost the South African economy over R1.6 trillion in the next 15 years.
South African food price concerns for 2023
The increased likelihood of the El Niño weather pattern could pose risks of stagflation and higher food prices in emerging markets, including South Africa. El Niño disrupts weather patterns and could lead to drier conditions in some areas and heavier rainfall in others.
Eskom employee arrested on corruption charges
On 20 July 2023, an Eskom employee was arrested on corruption charges related to tender irregularities at the Kriel power station.