Southern Africa

(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 — …

Ener-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 …

Many 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 …

South 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 …

Nambitha 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 …

This is something Russian foreign minister Sergey Lavrov will have been at pains to remind his opposite number, Naledi Pandor, at their meeting in the capital, Pretoria, on January 23, …

Globeleq, the leading independent power company in Africa, has completed a $71 million (ZAR1.2 billion) senior debt restructuring of its 31 MW Soutpan Solar Power (Pty) Ltd (“Soutpan”) plant in …

South African budget fashion retailer Mr Price MRPJ.J reported on Friday a 34% surge in third-quarter sales, boosted mostly by its recent acquisition of branded footwear and clothing company Studio …

A current-account balance that’s swinging into deficit is adding pressure on South Africa to stem a foreign-investor flight from the government bond market. While non-residents have offloaded government bonds worth …

South Africa’s SPAR Group (SPPJ.J) said on Thursday it agreed with its auditors that a reportable irregularity concerning an alleged fictitious and fraudulent loan had occurred at the grocery retailer. …