Small businesses in South Africa are finding it harder to keep the lights on and their doors open. Voluntary liquidations are on the rise, and unless Eskom is able to …
Category:
South Africa
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British Airways agrees codeshare with South Africa’s Airlink
by Editorby EditorBritish Airways has agreed on a new codeshare partnership with South African regional carrier Airlink to improve its connectivity around the region. Airlink, which has bases in Johannesburg, Cape Town …
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S.Africa awaits glimmer of light in Ramaphosa’s annual speech
by Editorby EditorSouth African President Cyril Ramaphosa delivers his annual address to the nation on Thursday, facing mounting pressure over the country’s energy crisis. His speech to the National Assembly will be …
Investors have lost faith in South Africa’s government and have halted investment despite a wealth of opportunities, the head of the country’s biggest employer in the crucial mining industry said. …
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Biggest South Africa Cement Firm Mulls Sale of Zimbabwe Unit
by Editorby EditorPPC Ltd., South Africa’s largest cement maker, is considering selling its Zimbabwe business for about $200 million, according to people with knowledge of the matter. The shares surged. A sale …
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The Utility Ruining South Africa Is a Big Winner for Bondholders
by Editorby Editor(Bloomberg) — South Africa’s Eskom Holdings SOC Ltd. is not very good at keeping the lights on, but it’s providing excellent profits for bondholders. Eskom’s dollar bonds due 2028 — …
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Ener-G-Africa’s new Cape Town solar panel plant commissioned
by Editorby EditorEner-G-Africa (EGA), a multi-faceted African company tackling the challenges of climate change through research, development and the manufacturing of clean energy products, officially launched its new 15 MW per annum …
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Tough times ahead as South Africans face financial crises
by Editorby EditorMany South Africans are facing the prospect of a tough 2023. Inflation is the highest it has ever been, and the repo rate has steadily risen, with more increases expected …
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SA in talks on new nuclear-fuel deal with Westinghouse
by Editorby EditorSouth Africa is in talks with the US about renewing a nuclear-cooperation agreement that lapsed in December and resulted in the suspension of a license for supplies of the fuel …
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Nambitha Ben-Mazwi on bagging a role on CBS and Showtime’s ‘King Shaka’
by Editorby EditorNambitha Ben-Mazwi has joined Showtime and CBS studios’ series King Shaka which is now in production. The actress flies the SA flag high alongside Thando Dlomo, Thapelo Mokoena and Warren …