HERE’S WHAT’S HAPPENING IN SOUTH AFRICA TODAY

Tue 01 September 2026:

Here’s what’s happening in South Africa today: 👇🏼

◼️ South Africa’s government borrowed R288.8 billion: The South African government borrowed R288.8 billion from international financial institutions, but it is still not enough, and it is getting more loans to make ends meet. The Finance Minister revealed that South Africa secured loans from nine international finance institutions over the last eight years. Nelson Mandela and his successor, Thabo Mbeki, reduced South Africa’s inherited debt and avoided a World Bank or IMF bailout. However, this work has been squandered.
Read more here:
https://dailyinvestor.com/finance/151650/south-africas-government-borrowed-r288-8-billion-from-international-institutions-and-it-wants-more/

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◼️ Afrikaner refugees who go to the United States get a $2,450 grant: Afrikaners who go to the United States through the refugee programme enjoy many benefits, including a $2,450 grant, housing, medical aid, and job assistance. The refugees are also assisted with obtaining official state IDs and applying for permanent residency, known as a Green Card, after 1 year. There is a strong focus on getting new refugees into jobs so they can support themselves and become part of the community.
Read more here:
https://newsday.co.za/south-africa/25973/afrikaner-refugees-who-go-to-the-united-states-get-a-2450-grant-cash-assistance-housing-medical-aid-and-job-assistance/

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◼️ South Africans still can’t cope: South Africans are cancelling subscriptions, eating out less and watching every rand. Almost four in 10 still expect to miss a bill or loan repayment. TransUnion’s latest Consumer Pulse Study found 39% of South Africans expected to miss at least one bill or loan repayment. Inflation ranked among the top three household financial concerns for 79% of respondents and only 37% believed their income was keeping pace with rising prices. TransUnion’s figures show that 14% of those it had surveyed had cut their retirement savings, 14% were using more available credit and 13% had dipped into retirement savings.
Read more here:
https://iol.co.za/business/economy/2026-09-01-subscriptions-gone-eating-out-cut-but-south-africans-still-cant-cope/

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◼️ Teachers demand action following urine-throwing incident: A female teacher’s dignity was violated last month when a Grade 7 pupil at a Johannesburg primary school threw a container of urine over her in the classroom. Teachers there are so concerned they summoned their union, the South African Teachers’ Union (SAOU) because they feel working conditions at the school are hostile and unsafe… and that the Gauteng department of education (GDE) has done nothing to help them.
Read more here:
https://www.citizen.co.za/news/south-africa/education/teachers-demand-action-urine-throwing-incident-joburg-school/

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◼️ Chinese companies banned in the US dominating CCTV in SA: Fidelity corporate affairs head Charnel Hattingh acknowledged that concerns about the companies’ potential sharing of data with the Chinese government had swayed decisions in some governmental and corporate circles overseas. However, the issues have had little impact on the South African market, largely due to the price and feature-benefit-quality matrix of these products. “While not enforced in South Africa, it has become a regular topic for conversation at the distributor level,” Hattingh said.
Read more here:
https://mybroadband.co.za/news/security/664885-chinese-companies-banned-in-the-us-dominating-cctv-in-south-africa.html

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