Durban news
Here are some recent news articles from Durban, South Africa:
Local News
- Durban's Golden Mile gets a facelift: The eThekwini Municipality has launched a R1.2 billion project to revamp the city's iconic Golden Mile, which includes the renovation of the Durban Beachfront, the construction of a new promenade, and the development of a new entertainment precinct. (News24)
- Durban's taxi industry in crisis: The Durban Taxi Association has called for an emergency meeting to address the crisis facing the industry, which includes a shortage of drivers, high operating costs, and competition from ride-hailing services. (IOL)
- New hospital for Durban's north coast: The KwaZulu-Natal Department of Health has announced plans to build a new hospital in the north coast of Durban, which will provide much-needed healthcare services to the area. (Times Live)
National News
- South Africa's economy contracts by 0.7%: The South African Reserve Bank has announced that the country's economy contracted by 0.7% in the first quarter of 2023, citing a decline in agricultural production and a slowdown in manufacturing. (Business Day)
- Ramaphosa announces plans to address load shedding: President Cyril Ramaphosa has announced plans to address the country's energy crisis, which includes the construction of new power plants, the upgrading of existing infrastructure, and the promotion of renewable energy. (SABC News)
- South Africa's unemployment rate rises to 32.5%: The South African Reserve Bank has announced that the country's unemployment rate has risen to 32.5%, citing a decline in economic activity and a lack of job creation. (Fin24)
International News
- Russia-Ukraine conflict affects global economy: The ongoing conflict between Russia and Ukraine has had a significant impact on the global economy, with commodity prices rising and trade flows being disrupted. (BBC News)
- US-China trade tensions escalate: The United States and China have escalated their trade tensions, with the US imposing new tariffs on Chinese goods and China retaliating with its own tariffs on US goods. (Al Jazeera)
- UK and EU reach Brexit deal: The United Kingdom and the European Union have reached a deal on Brexit, which includes a transition period and a new trade agreement. (The Guardian)