As Stage 6 load shedding over the weekend set alarm lights flashing, President Cyril Ramaphosa is under increased political pressure from opposition parties over the country’s energy crisis. The situation …
South Africa
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AfricaAFRICA NEWSEnergyNewsPoliticsSouth AfricaSouthern Africa
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AfricaAFRICA NEWSBusinessNewsSouth AfricaSouthern Africa
Four-day week to be trialled in South Africa
A joint initiative between 4 Day Week Global and the 4 Day Week SA Coalition is inviting South African businesses to pilot a new working model in 2023 with planning …
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AfricaAFRICA NEWSEconomyNewsSouth AfricaSouthern Africa
India’s rice export ban, tariff could lead to price hikes in South Africa, experts warn
India’s ban on the export of broken rice and a 20% tariff imposed on exports of white and brown rice could lead to potential price hikes for South African consumers, …
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AfricaAFRICA NEWSBusinessInformation TechnologyMobile Telecommunications Network (MTN)NewsSouth AfricaSouthern AfricaTechnologyTelecommunications
MTN building private 5G networks for mines and ports in South Africa
MTN is building private 5G networks for 14 companies in the mining and ports sectors in South Africa, reports the Sunday Times. These networks will provide the firms with guaranteed coverage …
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The iconic 34-storey “Absa Building” in Cape Town’s central business district is coming to market as a mixed-use development known as Foreshore Place. It is the second-tallest building in the …
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AfricaAFRICA NEWSBuildingNewsSouth AfricaSouthern AfricaTechnology
Carbon-neutral online shopping startup Curbon launches in South Africa
With a goal to curb carbon emissions, South African startup Curbon, will make carbon-neutral online shopping possible through the launch of the country’s very first plugin created to help fight climate …
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AfricaAFRICA NEWSEnergyNewsSouth AfricaSouthern Africa
South Africa’s Eskom targets 32% power tariff increase for next year
South Africa’s struggling utility Eskom is seeking an average power tariff increase of just over 32% for the financial year that starts on April 1 2023, much higher than originally …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessFinance & ServicesNewsSouth AfricaSouthern Africa
FirstRand declares highest dividend payout in its history
FirstRand, South Africa’s biggest banking group by market value, will pay a record dividend to shareholders as the bank benefits from a post-pandemic resurgence. The company, which owns First National …
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AfricaAFRICA NEWSBusinessEconomyNewsSouth AfricaSouthern Africa
South Africa may lose 53% of graduates to emigration, survey shows
About half of South Africa’s top earners and university graduates are considering emigration as citizens lose faith in the country’s future, the Social Research Foundation said, citing a survey it …
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AfricaAFRICA NEWSEconomyNewsSouth AfricaSouthern Africa
Banking transactions show slow recovery in South Africa
An index measuring South African economic transactions fell for a third successive month in August, suggesting that the economy is struggling to gain broad-based momentum after contracting in the second …