For Creamer Media in Johannesburg, I’m Halima Frost.
Making headlines: Ramaphosa to address nation on Ekurhuleni murders, gender-based violence; Kganyago outlines challenges, opportunities for South Africa in current climate; And, South Africa's foreign direct investment inflows pick up in the second quarter
Ramaphosa to address nation on Ekurhuleni murders, gender-based violence
President Cyril Ramaphosa will this evening address the country on steps being taken by government to confront the country's gender-based violence and femicide crisis.
The President’s 19:00 address follows a horrifying wave of violence in and around the City of Ekurhuleni, east of Johannesburg, where the bodies of 11 women were discovered dumped between July and September 2026.
Ramaphosa is expected to provide a detailed update on the ongoing law enforcement investigations into these murders.
The upcoming national address comes on the heels of a significant breakthrough by the South African Police Service. Last week, members of the Gauteng Murder and Robbery Unit arrested one man and two women in connection with the murder of the ninth victim.
Kganyago outlines challenges, opportunities for South Africa in current climate
South African Reserve Bank governor Lesetja Kganyago has said that the world needs to contend with a new, “fragile”, reality, that while the world economy and trade continue to grow, debt levels and geopolitical stresses are undeniable and risks are increasing, which could lead to a crisis.
For South Africa, this requires a situational awareness to understand these new circumstances and a pragmatic energy to identify potential growth opportunities and capitalise on them.
Kganyago pointed out that South Africa's young population and ample natural resources would benefit the domestic economy, despite the impact of global geopolitical risks.
He stated that South Africa’s macroeconomic prospects were healthier than in preceding years.
And, South Africa's foreign direct investment inflows pick up in the second quarter
South Africa recorded foreign direct investment inflows of R49.8-billion in the second quarter, up from R20.3-billion in the previous quarter, the central bank said today.
The South African Reserve Bank said in its Quarterly Bulletin that the higher inflows were due to a local telecommunications company receiving debt funding from a non-resident parent company. It did not disclose which company because the transaction was not public.
Portfolio investments switched to an outflow of R9-billion in April to June, from an inflow of R9-billion in the previous three months.
Non-residents sold domestic equity securities amounting to R34.2-billion and acquired domestic debt securities amounting to R25.1-billion during the second quarter.
That’s a roundup of news making headlines today
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