Johannesburg

South Africa Faces Foreign Stock Exodus as Investors Shift to Bonds

2 months ago

In a notable trend that has raised eyebrows among financial analysts, South Africa is experiencing a significant outflow of foreign investment from its stock market as investors increasingly pivot towards the perceived safety of bonds. This shift in investment strategy is attributed to various factors, including rising global interest rates and lingering economic uncertainty within the country.

Johannesburg Urged to Streamline Operations in Preparation for G-20 Summit

3 months ago

The recent directive for Johannesburg to enhance its organizational efficiency comes as the city gears up to host the highly anticipated G-20 summit. The global event is set to take place in 2025 and is expected to draw worldwide attention, placing immense pressure on local authorities to ensure that all logistical and infrastructural challenges are effectively managed.

Johannesburg Faces Water Crisis: City Weighs Tighter Restrictions as Supply Troubles Mount

6 months ago

As Johannesburg grapples with a pressing water supply crisis, city officials are considering implementing stricter water restrictions in an effort to manage dwindling reserves. Recent reports indicate that the region's water supply has grown increasingly unstable, prompting urgent discussions among local authorities regarding potential measures to mitigate the situation.

Johannesburg Condemns Eskom's Threat to Cut Power Supply Amid Ongoing Energy Crisis

7 months ago

In a significant escalation of tensions between municipal authorities and the country’s key energy provider, Johannesburg officials have expressed strong discontent with Eskom’s recent threats to halt electricity supply to the city. This warning arises from Eskom’s ongoing struggles to manage its own operational challenges while meeting the energy demands of a nation beleaguered by power shortages.

Tracing Johannesburg's Scorching Inequality: Urban Heat Zones as an Apartheid Legacy

8 months ago

In Johannesburg, the stark reality of urban inequality is brought into focus through the lens of climate - specifically, the phenomenon of urban heat zones. Long after the end of apartheid, the deep-seated socio-economic discrepancies between communities of different races continue to manifest in new and troubling ways. Modern Johannesburg's climate disparities starkly emphasize the systemic inequality that persists even in the realm of environmental conditions.