Thursday, 19 June 2025

Cold temperatures forecasted for Maquassi Hills on Thursday


Boskuil - It's cloudy  conditions for Boskuil, Makwassie, Leeudoringstad, Wolmaransstad and other areas of Maquassi Hills on Thursday 

Cold weather conditions are imminent with temperatures remaining cold in the afternoon with slight warmth 

Wind speed is forecasted at 5km for areas of Maquassi Hills on Thursday. No rain has been forecasted 

Areas of North West are also seeing clear conditions with cold temperatures on Wednesday amid cold weather patterns 

Residents should do outdoor activities if necessary, however cool/cold conditions may persist throughout the day 

These are

Minimum/maximum

 temparatures:

Maquassi Hills:
3°C//16°C , clear/cloudy
/windy
        skies with
 warm/cool
                                                         conditions/ 0% 

of expected rainfall

Matlosana:
2//18°C , clear/cloudy /windy
 skies
  with 
    warm/cool

         conditions/ 1% of expected
                                rainfall

JB Marks:
3//19°C , clear/cloudy /windy
 skies
 with  warm/cool 
                          conditions/ 1% of expected rainfall

Mamusa:
3///17°C , clear/cloudy /windy
 skies
 with warm/cool  conditions/ 3%
 of expected rainfall

Tswaing: 
3//16°C , clear /cloudy /windy
skies
  with  warm/cool conditions
/3% of                                           expected rainfall

Lekwa-Taemane:
3//17°C ,   clear/cloudy /windy
 skies
with warm/cool conditions
/ 6% of expected rainfall

Naledi:
1//20/°C,    clear/cloudy /windy
 skies with                   warm/coo

l conditions/ 7% of expected       rainfall

Greater Taung:
1//20/°C ,   clear /cloudy /windy
skies with warm/cool  conditions/ 4% of  

    expected rainfall

Mahikeng LM:

5//17°C ,   clear /cloudy /windy
skies with warm/cool                  conditions/ 20% of expected 
     
rainfall

Ditsobotla:
3//16°C , clear /cloudy /windy
skies with warm/cool           conditions/ 24%     of expected                              rainfall

Rustenburg LM:
3//19°C , clear /cloudy /windy
skies with warm/cool
  conditions/ 24% of 
            expected                                         rainfall

Weather data provided by: The Weather Channel in collaboration with Wolmaransstad Link

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Updated: June  2025  

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Wednesday, 18 June 2025

Investec says sluggish economic growth has cost SA R4.4 trillion


South Africa’s economy is 37% smaller than it would have been had the country tracked its emerging-market peers and sustained annual growth of 4.5% since 2010, a report by Investec Wealth & Investment International said.

It calculated that matching those expansion rates would have lifted the country’s nominal gross domestic product to almost R12 trillion ($670 billion) last year, from R7.5 billion. The slow growth partly coincided with an era of endemic government corruption — known in South Africa as state capture — under former President Jacob Zuma, which his successor Cyril Ramaphosa estimates cost the economy at least R500 billion.




The inertia caused by power outages, crime, disintegrating infrastructure and foreign-policy missteps dragged growth down to an average of about 1% a year over the past 15 years, the report said.

“The cumulative figure of revenue foregone is scary,” Osagyefo Mazwai, investment strategist at Investec Wealth & Investment International, said in the report.

“That is material, considering the fiscal constraints facing South Africa and demonstrates the need to ensure economic growth to boost the fiscal war chest and further enable the capacity of the state to deliver services.”




Stronger growth would have also boosted government revenue. According to the report, receipts in 2024 alone could have been around R800 billion stronger, putting the country in a better position to tackle critical infrastructure investments, such as in electricity transmission, ports and rail.

Instead, South Africa is grappling high gross national debt, with the debt-to-GDP ratio expected to peak at 77% this year. And with population growth at 1.3% outstripping real economic growth, people “are worse off than they were in 2010, suggesting that economic policy has been ineffectual in addressing poverty, unemployment and inequality,” the report said.




“On a per-capita basis, the rest of the world is 50% richer than the average South African,” Mazwai said, adding continued growth of 1% “will not lead to the envisaged goals of lifting people out of poverty and meaningfully addressing the problems of unemployment and inequality.”

The way out of the current quandary is the implementation of growth-friendly reforms, he said.


Markets:

Top 10 Of the Top 40

BATS 804.50 18.19 2.31% 1,884,802,957,068

NASPERS-N 4,892.29 57.29 1.18% 804,445,487,262

AB INBEV 1,209.16 9.58 0.80% 2,173,100,599,927

PROSUS 865.34 5.43 0.63% 3,491,200,870,016

RICHEMONT 3,270.00 -19.78 -0.60% 1,757,893,431,030

FIRSTRAND 72.63 -0.60 -0.82% 407,417,113,513

CAPITEC 3,442.05 -42.08 -1.21% 399,621,464,598

BHP 438.66 -14.21 -3.14% 2,226,634,753,805

ANGLO 502.80 -28.05 -5.28% 672,534,174,656

GLENCORE 59.50 -5.60 -8.60% 791,350,000,000

Financial data provided by: iress, 15min delay

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Updated: June 2025 Thursday 

#WolmaransstadLinkBusiness

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Cold temperatures forecasted for Maquassi Hills on Thursday

Boskuil - It's cloudy  conditions for Boskuil, Makwassie, Leeudoringstad, Wolmaransstad and other areas of Maquassi Hills on...