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South Africa says finalising climate plan as Mminele quits

3rd February 2023 South Africa is finalising an implementation plan for an $8.5-billion climate finance deal with some of the world’s richest countries even as the... 

The power utility ruining South Africa is a big winner for bondholders

2nd February 2023 South Africa’s Eskom is not very good at keeping the lights on, but it’s providing excellent profits for bondholders. Eskom’s dollar bonds due 2028... 

Yellen positive on cap talks after EU floats Russia diesel price

27th January 2023 US Treasury Secretary Janet Yellen said she’s confident that discussions aimed at extending restrictions on the sale of Russian petroleum products... 


Eskom weighs nuclear fuel impact after US-South Africa pact ends

26th January 2023 Power utility Eskom is examining how the suspension of a pact that enables it to import nuclear fuel components from the US will affect its sole... 

South Africa to moderate rate hikes with end in sight

26th January 2023 South Africa’s central bank is set to moderate its most aggressive interest-rate hiking cycle in at least two decades Thursday, and economists and... 

Key African economies to slow rate hikes with inflation peaking

20th January 2023 After tightening monetary policy sharply in 2022, most African central banks are poised to slow the pace of interest-rate hikes in coming weeks as... 

Yellen woos Africa as US vies for influence with China, Russia

19th January 2023 US Treasury Secretary Janet Yellen, declaring that African can help shape the future of the global economy, will set out why the Biden... 

Fleeing foreign investors worsen South Africa’s deficit problem

19th January 2023 A current-account balance that’s swinging into deficit is adding pressure on South Africa to stem a foreign-investor flight from the government... 

South Africa plans new law to accelerate power capacity

17th January 2023 South Africa’s National Energy Crisis Committee, a body run by the office of President Cyril Ramaphosa, expects record power outages to ease as... 

Economists see a 45% chance of a South Africa recession in 2023

16th January 2023 Africa’s most industrialised economy faces a 45% chance of slipping into recession this year as South Africa’s electricity crisis deepens. The... 

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