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Bloomberg

Bloomberg delivers business and markets news, data, analysis, and video to the world, featuring stories from Businessweek and Bloomberg News.

Security forces free ministers held hostage by veterans

15th October 2021 South African security forces freed two cabinet ministers held hostage by war veterans demanding reparations for their involvement in the fight... 

South African emergency power plan hit by new graft allegations

13th October 2021 DNG Energy, a losing bidder for State contracts to supply emergency power in South Africa, made fresh corruption allegations against a winning... 

South Africa business mood at one-year low as economy normalises

11th October 2021 South African business sentiment dropped to a one-year low in September as economic activity, hamstrung by restrictions to curb the coronavirus... 

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Superpower rivalry and vaccine envy set stage for climate talks

8th October 2021 Premiers, presidents, and princes come and go from the world’s biggest climate stage. It’s the nature of the annual international climate talks... 

South Africa to be removed from UK travel red list from Oct 11

7th October 2021 The UK eased entry rules for 47 countries that were subject to the tightest Covid-19 restrictions, in the government’s latest step to shed travel... 

Moderna plans to spend $500m on vaccine plant in Africa

7th October 2021 Moderna said it would spend as much as $500-million to build a factory in Africa that could produce half a billion messenger RNA vaccine doses a... 

Eskom is now world’s biggest sulphur dioxide emitter, CREA says

5th October 2021 Eskom Holdings, South Africa’s coal-reliant power utility, has become the world’s biggest emitter of sulphur dioxide, a pollutant linked to... 

Johannesburg council picks third mayor in three months

1st October 2021 Municipal councilors in South Africa’s economic hub, Johannesburg, have picked Mpho Moerane as the city’s third mayor in less than three months.... 

Okonjo-Iweala grows frustrated with WTO inertia, floats quitting

1st October 2021 Ngozi Okonjo-Iweala, the leader of the World Trade Organization, began the year with a plan to score quick negotiating victories that she said... 

Wage deal imperils South African municipalities’ finances

30th September 2021 South African municipalities’ budget frameworks are at risk of being compromised by a three-year deal that granted their workers inflation-beating... 

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