The laundry list of challenges confronting South Africa is a massive headache for Cyril Ramaphosa heading into governing-party elections in December and a national vote in 2024. The economy is …
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Business and Economy
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BusinessBusiness and EconomyEnergySouthern Africa
Sasol partners with ArcelorMittal, signs a joint development agreement to develop a green hydrogen hub in South Africa
Sasol and ArcelorMittal South Africa (AMSA) have signed a joint development agreement (JDA) to develop carbon capture technology to produce sustainable fuels and chemicals. The partnership also includes plans to …
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BusinessBusiness and EconomyNigeriaWestern Africa
Nigerian Government warns against CBN’s proposed loan recovery from FAAC revenue
Nigerian Government have warned that given the constant reductions in FAAC Allocation to states, it would be suicidal if the Central Bank of Nigeria (CBN) goes ahead to carry out its proposed recovery of …
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BusinessBusiness and EconomyEconomyNigeriaTechnologyWestern Africa
Federal Government declares non-necessity for state of emergency, insists Lagdo Dam is not responsible
The Federal Government said there is no need to declare a state of emergency over the tragic flooding incidents across the country. This was made known on Thursday night by the …
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Business and EconomySouthern AfricaTransportation & Logisitics
KwaZulu-Natal Communities to call off protest to traffic on KZN road
KwaZulu-Natal communities have called off a protest over excessive coal trucks on regional roads after traffic congestion became problematic just hours into the demonstration. On Thursday morning, communities affected by …
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Business and EconomySouthern Africa
South Africa’s plan for R156-billion renewable funding from rich nations gets Cabinet’s approval
South Africa’s cabinet endorsed an investment plan to help the country transition away from the use of coal, a key step in securing $8.5 billion (R156 billion) in climate finance …
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Business and EconomyNigeriaWestern Africa
Nigerian government plans initiates strategy to turn N20 trillion CBN debt to bonds repayable over 40 years
The Nigerian government is to restructure its record N20 trillion debt to the central bank to bonds, a step seen as availing the revenue-starved government the luxury of longer time …
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BusinessBusiness and EconomySouthern Africa
Transnet workers activity skyrockets to 80% since UNTU’s three year wage deal
Transnet said worker activity at its operations has returned to levels as high as 80% since the entity inked its three-year wage deal with the United National Transport Union (UNTU). …
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Business and EconomyNigeriaWestern Africa
Nigeria’s inflation hits increases by 20.8% amid soaring food prices
Nigeria’s inflation rate hit a 17-year high on the back of soaring food prices and supply chain disruption in September, a report by the National Bureau of Statistics (NBS) said on …
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AmazonBusinessBusiness and EconomyEconomySouthern Africa
Saccawu on a verge to strike at Makro after wage negotiation dispute
Saccawu, The South African Commercial, Catering and Allied Workers Union said it is on the verge of striking at Makro after wage negotiations with the wholesale giant degenerated into a …