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Brics may decide on whether to admit new members this year
12th January 2023 The Brics group of nations is formulating criteria for joining the bloc and may decide by the end of this year on whether to admit new nations and... →
ANC wants explicit jobs mention in Central Bank remit
12th January 2023 The African National Congress supports the central bank’s inflation-targeting policy and independence but would like an explicit mention of job... →
Blackouts an attack on South Africa, Naledi Pandor
12th January 2023 Minister of International Relations and Cooperation Naledi Pandor questioned the repeated breakdown of power plants and said they could be seen as... →
South Africa at key stage of nuclear revamp as power grid reels
11th January 2023 South Africa has entered a critical phase of revamping its sole nuclear plant and needs it to run according to plan to avoid deepening power cuts... →
Ramaphosa pledges to fix South Africa’s governing ANC as election looms
9th January 2023 South Africa’s governing African National Congress is intent on turning itself around and addressing voter disillusionment over poor government... →
Ramaphosa says Eskom CEO quit because ‘it’s a tough job’
9th January 2023 The CEO of Eskom Holdings Andre de Ruyter resigned because “it's a tough job,” South African President Cyril Ramaphosa said, stressing that the... →
South Africa to use Brics chair role to advance Africa interests
9th January 2023 South Africa will use its role as the 2023 chair of the BRICS grouping of nations to advance the interest of Africa as a whole, President Cyril... →
Mkhize wants step-aside rule reviewed before ANC key vote
15th December 2022 President Cyril Ramaphosa’s rival in the race to head the nation’s governing party called for the review of a rule that compels members to... →
China’s factories to the world brace for tsunami of Covid cases
15th December 2022 From locking in workers to hoarding medicines, beds and disinfectant, China’s factories are going to great lengths to keep the machines running —... →
Australia’s Lowe says he hopes to be in role this time next year
14th December 2022 Australian central bank Governor Philip Lowe reaffirmed his desire to stay in the top job as his seven-year term approaches its end and amid... →
US lawmakers announce deal on full year spending Bill outline
14th December 2022 Top US lawmakers announced that they broke a deadlock on spending levels for US government programs, putting Congress on track to complete a $1.7... →
Stats SA considers adding self-generated power to data set
14th December 2022 South Africa’s statistics agency is considering including self-generated power in its monthly electricity-generation data as more households and... →
ABB bribe scheme in South Africa nearly collapsed over division of loot, US says
9th December 2022 A scheme by employees at Swiss industrial firm ABB to pay bribes for contracts at South Africa’s State-owned power utility nearly fell apart in a... →
South African consumer confidence rebounds on upbeat outlook for employment
8th December 2022 South African consumer confidence recovered to its strongest level in two years in the fourth quarter as households anticipated better employment... →
Biden likely to announce re-election after holidays – Klain
6th December 2022 White House Chief of Staff Ron Klain said he expects that President Joe Biden will announce he’s running for re-election after the US Christmas and... →
Ramaphosa exit won’t change economic policy, finance chief says
2nd December 2022 Should South African President Cyril Ramaphosa resign, economic policy won’t change, the country’s Finance Minister Enoch Godongwana said, while... →
Biden signals Democrats will ditch Iowa as first State in Presidential nominating process
2nd December 2022 President Joe Biden offered the strongest indication yet that Democrats will ditch Iowa as the kick-off to their presidential nominating process,... →
Ramaphosa to host Venezuela’s Maduro on State visit
28th November 2022 South African President Cyril Ramaphosa will host Venezuelan President Nicolas Maduro on a state visit on December 6. “The visit will highlight the... →
South Africa prisons Head to appeal ruling that nullified Zuma's parole
24th November 2022 South Africa’s prisons authority will challenge an Appeals Court ruling that nullified former President Jacob Zuma’s medical parole and ordered... →
South Africa gauge signals poor start to final-quarter economic growth
18th November 2022 An index measuring South African economic transactions fell to a 10-month low in October after a strike at the State-owned port and rail operator... →
Climate projections again point to dangerous 2.7 °C rise by 2100
10th November 2022 The research partnership Climate Action Tracker (CAT) on Thursday released its latest projections of how greenhouse gas emissions may dangerously... →
Who to watch in ANC leadership race
4th November 2022 South Africa’s governing party is shaping up for a bruising contest when it elects new leaders at its national conference in Johannesburg in... →
Emergency plan to tackle South Africa’s energy crisis remains work in progress
3rd November 2022 President Cyril Ramaphosa promised in late July to implement emergency measures within three months to tackle record blackouts. But those have only... →
South Africa needs to expand 5% consistently to cut unemployment
2nd November 2022 South Africa’s economy needs to expand consistently at 5% for years to create jobs and lower an unemployment rate that’s among the world’s highest,... →
Kganyago defends Central Bank’s focus on inflation
1st November 2022 South Africa’s central bank said it will continue using interest rates to curb inflation, and responded to calls for its mandate to explicitly... →
Moody’s boosts Eskom’s ratings outlook to positive after budget
1st November 2022 Moody’s Investors Service improved its outlook on Eskom Holdings’s debt ratings to positive after South African Finance Minister Enoch Godongwana... →
Ramaphosa criticizes US over South Africa terror-threat warning
28th October 2022 South African President Cyril Ramaphosa criticized the US for failing to discuss a terror alert issued by the American Embassy with local... →
Rwanda and Congo Trade Blame as Fight Against Rebels Escalates
26th October 2022 Tensions between Rwanda and the Democratic Republic of Congo intensified with the neighboring nations blaming each other for renewed fighting near... →
Ruto’s Cabinet Picks Win Backing From Kenyan Lawmakers
26th October 2022 Kenyan lawmakers approved all the 24 cabinet nominees put forward by President William Ruto, cementing his control of the government two months... →
Sanctioned Russian Tycoon’s Megayacht Is Free to Dock at South African Ports
26th October 2022 South Africa’s government said it has “no reason” to apply sanctions brought against Russian tycoon Alexey Mordashov and that his $500 million... →
UK's First Hindu Leader Is Symbol of Both Progress and Privilege
26th October 2022 Rishi Sunak made history as the first Chancellor of the Exchequer to celebrate Diwali, lighting candles on the steps of his official residence at... →
Crisis in South Africa Shakes Up Politics Before Party Election
26th October 2022 The economy is shrinking, power cuts are at a record, unemployment is close to an all-time high, living costs have surged, towns are falling apart... →
Eskom lenders hire PwC as power cuts grip South African utility
19th October 2022 Lenders to Eskom Holdings have hired financial advisers as South Africa’s State-owned power utility restructures its business. The banks asked... →
Load-shedding should ease in the next ten days, says De Ruyter
5th October 2022 Eskom CEO Andre de Ruyter said power cuts should start easing within the next 10 days when big generation units are expected to come back online.... →
Eskom’s chairperson says management to get ‘benefit of the doubt’
4th October 2022 Eskom Holdings' new chairperson Mpho Makwana said the board isn’t planning any immediate changes to management and will take between 30 and 60 days... →
Germany, France in climate deal loan talks with South Africa
27th September 2022 Germany and France are in talks with South Africa’s National Treasury over about €600-million to help it transition away from the use of coal. The... →
Strikes cost South Africa 1.6m work days in first half
27th September 2022 South Africa’s work days lost due to strike action rose more than 30-fold in the six months through June compared with the same period a year... →
Eskom to extend daily power cuts until Thursday
26th September 2022 South Africa’s struggling State-owned utility Eskom will extend power interruptions on the national grid until Thursday, the company said on... →
AfDB offers South Africa a financing deal to raise $41bn
23rd September 2022 The African Development Bank (AfDB) has suggested a plan to South Africa that will help the nation use the $8.5 billion in climate financing... →
Gordhan says record power cuts set to ease
22nd September 2022 Load-shedding should ease over the coming days and the nation’s electricity supply will continue to improve over the medium term as new investments... →
Africa poised for rate-hike week, though outliers multiply
21st September 2022 Africa’s three biggest economies are poised to raise interest rates this week, while policy makers in several other countries stake out different... →
