Load shedding expected throughout the week:
State power utility Eskom has announced a further week of stage two load shedding following the continued shortage of generation capacity at its power stations.
: SAnews – South African News NeoB
S&P upgrades SA’s credit rating outlook to positive:
Government has welcomed rating agency Standard &Poor’s (S&P) decision to revise South Africa’s credit rating outlook to positive from stable, while affirming the long term foreign and local currency debt ratings at ‘BB-’ and ‘BB’, respectively.
: SAnews – South African News sihle
Kubayi to leads Team SA at World Economic Forum:
Human Settlements Minister and Head of Cabinet’s Economic Cluster, Mmamoloko Kubayi, will this week represent the South African Government at the Annual Meeting of the World Economic Forum in Davos, Switzerland.
: SAnews – South African News sihle
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Fun Western Cape Fact: Why are the houses in Bo-Kaap district painted in bright colours? The original residents of this area in Cape Town were descendants of slaves brought in from Africa and Asia and were Muslims. As part of their religion they celebrate Ramadan – the Islamic month of fasting. At the end of the holy month it is tradition to dress up in brightly coloured clothes and at the same time many of the residents then paint their houses. The reason for getting so many different colours is that the residents and neighbours discuss together what colours they are painting their houses to avoid colour clashes or two houses painted the same colour next to each other.
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