Bloomberg
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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... →
Moderna gives WHO’s mRNA Hub some help, Pfizer snubs request
19th September 2022 Moderna has allowed its Covid-19 vaccine to be used in a World Health Organization effort to develop mRNA shots that would increase production and... →
Ramaphosa races home as South African energy crisis escalates
19th September 2022 South Africa is teetering on the brink of its most severe power cuts yet, just two months after the government announced emergency measures to try... →
Eskom CEO sees South African gas as key in transition from coal
16th September 2022 South Africa’s State power utility Eskom favours burning more domestically sourced gas as it transitions away from coal, its Chief Executive... →
South Africa needs R500bn to end blackouts, Intellidex says
16th September 2022 South Africa will require R500-billion in private investment to end power cuts that are stalling economic growth by the start of 2025, said Peter... →
South Africa lays out climate demands to rich polluters ahead of COP27
15th September 2022 Developing nations expect rich countries to commit more funding to adapt to global warming and a financing mechanism to help them cope with natural... →
South Africa suffers 100th day of power blackouts this year
14th September 2022 South Africa’s State-owned power utility has implemented power cuts on 100 days in 2022, with more to come. Eskom Holdings ramped up outages to... →
Eskom restarts sale process for R9bn home-loan book
9th September 2022 South Africa’s indebted power utility Eskom Holdings restarted the sale of its mortgage unit, one of many measures the utility is taking to... →
Jobs and corruption are biggest concern for South African youth
8th September 2022 South African youth named unemployment and government corruption as their biggest concerns, according to a survey. The worries of the 18 to... →
South Africa consumers remain bleak over rising inflation, rates
8th September 2022 South African consumer confidence remained in the doldrums in the third quarter, weighed down by rising inflationary pressures and lending costs. A... →
South African current account posts shock deficit on dividends
8th September 2022 South Africa’s current-account unexpectedly swung to a deficit in the second quarter as imports outweighed exports and companies paid higher... →
Government concerned about GDP data after outages
5th September 2022 South Africa’s government is concerned about the impact that power outages had on the economy in the second quarter, as the nation’s statistics... →
Europe’s crisis shows value of coal – Mantashe
1st September 2022 South Africa’s energy minister dismissed the notion that renewable electricity can bring an end to years of rolling blackouts, pointing to Europe’s... →
A plan for a new State power company takes shape in South Africa
31st August 2022 South Africa is forging ahead with a plan to create a new State-owned power company by converting three coal-fired plants into gas-burning... →
South Africa seeks to curb immigration, plans policy revamp
25th August 2022 South Africa plans to end most special permits for foreigners as it revamps its immigration policies to manage an influx of economic migrants. The... →
