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Lula backs off pledge Putin won’t be arrested if he visits
11th September 2023 President Luiz Inacio Lula da Silva backed off a pledge that Russian leader Vladimir Putin would be safe to travel to next year’s Group of 20... →
South Africa to shut Public Enterprises department next year
30th August 2023 South Africa’s government intends to shut down the Department of Public Enterprises, which oversees seven of the biggest State companies, when a... →
Ace Magashule to contest 2024 vote
30th August 2023 An official who was expelled from South Africa’s governing party for unlawfully announcing a decision to remove President Cyril Ramaphosa from his... →
Distribution is ‘albatross’ of power system – Ramokgopa
28th August 2023 South Africa’s electricity distribution system is “an albatross” beset by fighting between the national power utility and municipalities as the... →
South Africa joins China’s space alliance in race against US
23rd August 2023 South Africa will partner with China on space exploration as Beijing seeks to bolster its influence in the competition for lunar dominance against... →
South Africa inflation at two-year low signals rates respite
23rd August 2023 South African’s inflation slowed to the lowest level in two years last month, beating expectations and providing room for the central bank to... →
Norway’s Scatec aims to sell power direct to South Africa buyers
18th August 2023 Norway’s Scatec ASA, the biggest solar power producer in South Africa, is considering direct sales to consumers who are forced to scramble for... →
Ramokgopa sees deal with China to secure solar panel supply
18th August 2023 South Africa's Electricity Minister said he expects to seal a deal with the Chinese government next week that will help solar-power installers in... →
Xi’s visit to South Africa for Brics marks rare trip abroad
18th August 2023 Chinese President Xi Jinping will attend the Brics summit in South Africa next week, a rare journey abroad for the leader who has preferred to stay... →
Five things to watch as South Africa hosts Brics Summit
18th August 2023 South Africa hosts a summit of the Brics group of nations and others in the Global South next week who are seeking to balance Western dominance of... →
Activists sue South Africa’s environment authorities over AMSA pollution
16th August 2023 South Africa’s environment minister and the national air quality officer have been sued by environmental activists for allegedly not acting against... →
South Africa likely to keep preferential US trade access, envoy says
15th August 2023 South Africa will likely keep its preferential access to US markets because hundreds of American firms are also benefitting, according to the... →
Brics isn’t competing with any bloc, South African diplomat says
14th August 2023 The Brics group of emerging market powers aims to promote the interests of the developing world and isn’t in competition with any other bloc, a top... →
Economists see South Africa averting second-quarter contraction
14th August 2023 South Africa’s economy probably avoided a contraction in the second quarter, despite record power cuts, logistical constraints and sagging consumer... →
Iran seeks South Africa support for accelerated Brics membership
10th August 2023 Iran asked South Africa’s government to support its “accelerated membership” of Brics, as the five-nation bloc prepares to hold a summit later this... →
Eskom slaps conditions on emergency bidders to stop grid hogging
2nd August 2023 Eskom Holdings has imposed conditions to access the national grid on 1 850 MW worth of projects in South Africa that developers including... →
China’s push to expand Brics membership falters
28th July 2023 India and Brazil are pushing back against a Chinese bid to rapidly expand the Brics group of emerging markets to grow its political clout and... →
Putin hosts African leaders as grain deal collapse threatens food security
27th July 2023 Russian President Vladimir Putin is hosting a summit with African leaders that’s intended to demonstrate Russia’s growing influence on the... →
South Africa asks US for early renewal of key trade agreement
26th July 2023 South Africa asked the US government to consider an early extension of the African Growth and Opportunity Act to help stimulate investment across... →
Ramokgopa attacks climate finance pact
25th July 2023 South Africa’s electricity minister attacked the country’s groundbreaking $8.5-billion climate finance pact with some of the world’s richest... →
Power-crisis anger sets South Africa on path for record protests
25th July 2023 The number of so-called service-delivery protests in South Africa — demonstrations over the failure of municipalities to provide services such as... →
Goldman versus HSBC, Citi in South Africa rate puzzle
20th July 2023 Economists are divided over whether South Africa’s central bank will pause interest-rate increases on Thursday, or extend its longest phase of... →
Eskom cancels R11bn deals in South Africa crackdown
19th July 2023 Eskom cancelled coal-supply agreements and construction contracts valued at R11-billion, as the South African authorities crack down on crime at... →
Finance Minister rebuffs ANC's call to pressure Central Bank
18th July 2023 South Africa’s Finance Minister rebuffed a call by some in the nation’s governing party for him to push the central bank to use measures other than... →
African Central Banks to keep interest rates tighter for longer
18th July 2023 African central banks due to decide on interest rates in the next three weeks are set to keep monetary policy tighter for longer to temper stubborn... →
Government pledges to help local businesses facing extortion in Africa
13th July 2023 South Africa’s government is stepping up its support for some of the country’s biggest companies to help them hunt for business in Africa and... →
Stalled South African power projects for 1 850 MW risk losing grid access
12th July 2023 Companies yet to complete financing arrangements to build 1 850 MW of power-generation capacity in South Africa in terms of a government tender in... →
Zuma, who stymied green power, pitches Belarus carbon in Africa
7th July 2023 Jacob Zuma, the former president who brought South Africa’s renewable-energy program to a halt in 2016, announced that a Belarus trade association... →
Eskom’s approved plan to bypass pollution rules hit by appeal
6th July 2023 Environmental activists have appealed against a South African government decision to allow Eskom Holdings to bypass equipment used to reduce... →
Inflation expectations climb before South Africa rate decision
6th July 2023 South African inflation expectations rose for the next two years, providing impetus for the central bank to extend its most aggressive rate-hiking... →
South Africa is tackling its second-biggest growth problem
5th July 2023 South Africa has begun taking steps to resolve what the presidency believes is the biggest impediment to growth after persistent blackouts: An... →
Inflation has ‘turned the corner’ – Kganyago
5th July 2023 South African Reserve Bank Governor Lesetja Kganyago said the fight to tame rising prices was delivering results and the central bank will stick to... →
Kganyago plays down common African currency
5th July 2023 South Africa’s central bank chief said adopting a region-wide common currency was a political project, and then spelled out exactly why it would... →
South Africa power outages may have reduced growth by 3.2 percentage points
4th July 2023 South Africa’s energy crisis may have reduced the nation’s economic growth rate by as much as 3.2 percentage points last year and is likely to... →
South Africa needs to deal with 'energy poverty' – Mantashe
30th June 2023 South Africa must balance the need to cut emissions with increasing electricity access and developing its natural resources, according to the... →
Eskom debt plan can reduce South Africa risks, Moody’s says
29th June 2023 South Africa’s plan to provide its struggling power utility debt relief and potentially write off municipalities’ arrears to Eskom Holdings will... →
Reserve Bank Governor sees rates higher for longer
28th June 2023 South Africa’s central bank will keep monetary policy tight for longer to tame persistent inflation, Governor Lesetja Kganyago said. The central... →
Thieves threaten World Bank-funded South African coal rail project
28th June 2023 A World Bank Group-funded effort to increase train access to a power plant in South Africa’s coal-rich region has started to significantly... →
Most of Eskom’s debt to be allocated to generation unit
23rd June 2023 South Africa’s plan to split state power utility Eskom Holdings into three units envisions most of its R439-billion of debt being allocated to the... →
Yellen sees urgency in boosting IMF poverty-fighting arsenal
22nd June 2023 US Treasury Secretary Janet Yellen said there’s a pressing need to bolster the finances of the International Monetary Fund’s flagship trust that... →
Tweaked South Africa central bank model gives better forecasts
20th June 2023 South Africa’s central bank said that enhancements to its quarterly projection model delivered more accurate forecasts of its benchmark interest... →
