The US Customs and Border Protection agency says it has seized a large quantity of deadly fentanyl in a shipment from South Africa it detained on 21 September. In total, the fentanyl …
AfricaAFRICA NEWSBusinessNewsSouth AfricaSouthern Africa
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Southern Africa
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Eskom employees receive an additional 1.5% wage increase
Employees of troubled South African power company Eskom have been awarded a further 1.5% wage increase, backdated to July 2021. The Commission for Conciliation, Mediation and Arbitration (CCMA) ruled on Thursday (29 …
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South Africa bans Bain & Co. from public sector contracts for a decade
National Treasury has banned global consultancy firm Bain & Co. from tendering for public sector contracts for a period of 10 years, citing fraud. “The effective date of restriction is …
- AfricaAFRICA NEWSEnergyNewsSouth AfricaSouthern Africa
Turkish Karpowership aims for environmental ruling in SA by April
Karpowership, the Turkish company seeking to supply 1 220 megawatts of power to South Africa, will refile an application to the environment department in a bid to move its project …
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SA’s Fedgroup adds hemp to its impact farming investment options
South Africa’s financial services provider Fedgroup has added alternative asset cannabinoid hemp to its impact farming investment options, allowing investors to tap into an emerging market projected to be worth …
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Airline association warns of flight disruptions and cancellations due to fuel shortage in South Africa
The Airline Association of Southern Africa (AASA) has warned that the lack of jet fuel at Cape Town International Airport could lead to disruptions in airline schedules and possibly flight …
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South Africa moves to restructure troubled Eskom’s board
The South African government has announced plans to restructure the board of state power utility Eskom to address an energy crisis in the continent’s most-industrialised economy. Public Enterprises Minister Pravin …
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Circle K to enter South Africa in October
One of the United States’ (US) leading convenience retail brands, Circle K, is expected to open its first South African store in October. South Africa will soon have a new …
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Eskom, the dysfunctional power company wrecking South Africa’s economy
In late June, the coldest part of the Southern Hemisphere winter, the power went out in South Africa. For as many as eight hours a day, right into early July, traffic …
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Capitec launches mobile network service with data that never expires
Capitec, South Africa’s largest retail bank by customers, has launched its own mobile virtual network operator (MVNO) service, called Capitec Connect, following in the footsteps of other local banks expanding …