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Jeff Schultz expects the SA Reserve Bank will front-load the rate hike cycle with two increases of 50 basis points each in both May and July as it attempts to ensure that inflation falls back towards 4.5%.
We expect the SA Reserve Bank (SARB) to hike its policy rate by 50 basis points â€` its largest hike since January 2016 â€` to 4.75% on Thursday. While high levels of uncertainty and a weak South African economy suggest that the decision is unlikely to be unanimous, we expect a stronger majority (4:1) than before to be in favour of front-loading hikes.... Read more... -
Learners from Itumeleng school in Gauteng have been struggling to get their IDs from Home Affairs for years.
The state is denying learners their rights, says lawyer.
The future is uncertain for 18-year-old Dudu Setoe who has never had a birth certificate or an Identity Document (ID) despite many back-and-forths to Home Affairs offices. Although Setoe recently came first in an in-house athletics competition, she is unable to compete provincially or nationally because she can’t present these crucial documents.... Read more...
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SA’s economy has been stagnant for 10 years.
• Stiff global headwinds are forecast for the SA economy, the Bureau of Economic Research at Stellenbosch University heard on Tuesday.
• China, the US and Russia are dramatically affecting global growth.
• BER senior economist Craig Lemboe described the outlook for the economy over the next year as `three steps forward, two steps back`.
The Goldilocks days when regulators were able to ensure the global economy was not too hot, too cold but just right, are over as policymakers face an `unprecedented number of obstacles`, the Bureau of Economic Research (BER) at Stellenbosch University heard on Tuesday.... Read more...
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AS part of an extension of the Presidential Employment Stimulus programme, a significant number of unemployed young people would be put to work digitising paper records
WITH more than 300 million paper records dating back to the 1800s, the South African Department of Home Affairs (DHA) is ripe for digitisation.... Read more...
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Foreign street vendors have left Pan Africa Mall in Alexandra township South Africa after members of the South Africa Police Services and the Department of Home Affairs descended at the area to intensify their presence at the mall following clashes between locals and foreign nationals.... Read more...
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The special permits for Zimbabweans make it easier for Zimbabwean nationals to legalise their stay in South Africa by cutting red tape and dispensing with most of the ordinary visa requirements.
There are nearly 200 000 Zimbabweans in South Africa who are living on borrowed time.
They are in the country on a special visa, the Zimbabwean Exemption Permit (ZEP). This visa category was introduced more than a decade ago to accommodate an influx of refugees who were fleeing political persecution and economic devastation in Zimbabwe.... Read more...
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Weeks after Home Affairs raided dens housing a passport syndicate, a Bangladeshi citizen tried to leave the country with a fraudulent passport with the name Lebogang Ndlovu
Lebogang Ndlovu. Sounds like a South African name, right? Not if you illegally buy your citizenship. This is the name a Bangladesh citizen, who was arrested at OR Tambo this week, christened himself with.
Ndlovu, real name Fahim Kazi, was picked up as he tried to leave the country on Wednesday night.
The Department of Home Affairs, which has embarked on a massive clean-up campaign, found the Bangladeshi had unsuccessfully applied for asylum in 2015. He is said to have been based in Kimberly, Northern Cape.... Read more...
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At a Glance
• The Department of Home Affairs is providing an automatic extension of status until June 30, 2022, for applicants currently in South Africa with pending visas and waivers, due to processing delays in adjudicating long-term visa applications.
• The processing delays are a result of a measure put in place in January, where the Department of Home Affairs required all long-term visa applications to be adjudicated in Pretoria, instead of at the South African consular posts. Due to understaffing, there is now a backlog of applications.
• Employers should ensure that they plan their employees’ start dates at least six months in advance to accommodate the lengthier processing times to meet their projected assignments or local employment start dates.... Read more...
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For South African political parties grappling with the idea of coalition politics ahead of 2024, the issue of migrant workers may be the most crucial of all deliberations, says Khaya Sithole.
Just over 30 years ago this month during an interview on Larry King Live, Ross Perot decided to put up his hand and run for the US presidency.
Perot`s profile as a billionaire who was not part of the Washington establishment but simply wanted to change the way the establishment worked, had significant consequences for the 1992 elections and, as it turned out, for the 2016 US election campaign.... Read more...
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Recommendations on the fast-tracking of the critical skills visa application process will be on the president`s desk by April.
• This was revealed by former home affairs director-general Mavuso Msimang, who was appointed to look into the process.
• Msimang and his team have been hard at work for the past five months.
The former director-general of home affairs, Mavuso Msimang, will, in the next two months, submit to the Presidency a report on a comprehensive review of the critical skills visa application process.
It will include recommendations on how to fast-track the sluggish critical skills work visa system, Msimang told News24.... Read more...
