Severe Weather Warnings
The South African Weather Service (SAWS) has issued multiple weather warnings due to a cut-off low pressure system affecting parts of the country. Expected weather conditions include:
- Scattered thunderstorms and heavy rain in several regions, notably the southern Cape and KwaZulu-Natal.
- Significant snowfall is anticipated in high-lying areas, including parts of the Western Cape, Eastern Cape, and Free State.
- Warnings for potential flooding and traffic disruptions have been issued in the Eastern Cape, urging residents to exercise caution.
Fitch Ratings Outlook on South Africa’s Credit
Fitch Ratings has indicated a potential upgrade to South Africa’s credit outlook, contingent on the government’s continued efforts to stabilize national debt. The National Treasury’s projections show state debt could reach 75.5% of GDP by March 2026. However, challenges related to state-owned enterprises (SOEs) like Transnet remain a concern. Fitch suggests the debt-to-GDP ratio could rise higher unless significant fiscal reforms are implemented.
Woman Claims R103 Million Lotto Jackpot
A South African woman has claimed the R103 million Lotto jackpot from the October 30, 2024, draw, becoming the country’s second-highest Lotto winner. The woman, who was overwhelmed with emotion, shared that she cried when the bank notified her of the life-changing win.
President Ramaphosa Meets Prince of Wales
On November 5, 2024, South African President Cyril Ramaphosa hosted a courtesy call from the Prince of Wales at Genadendal, Cape Town. The Prince is in South Africa to host the 4th Annual Earthshot Prize Awards on November 6, which will highlight global efforts to tackle the climate crisis and present innovative environmental solutions.
These events underline a day of significant weather concerns, financial developments, and important diplomatic engagements in South Africa.