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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South Africa
- AfricaBanking, Finance & InvestmentBusinessINVESTMENTNewsSouth AfricaSouthern Africa
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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Sterling Homes Commences 2nd Phase Development At Havilah Court, Constructs 24 More Housing Units
Sterling Homes, Nigeria’s leading real estate development company has commenced the 2nd Phase of development at its premium residential project, Havilah Court located in Mowe. The project is one of …
- AfricaAFRICA NEWSAviationBusinessEconomyNewsSouth AfricaSouthern Africa
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 …
- AfricaAFRICA NEWSBusinessEconomyEnergyNewsSouth AfricaSouthern Africa
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 …
- AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessFinance & ServicesNewsSouth AfricaSouthern AfricaTechnologyTelecommunications
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 …
- AfricaNewsSecuritySouth AfricaSouthern AfricaTechnology
South Africa produces first military aircraft since the 1980s
The Paramount Group has produced and sold the first military aircraft made in South Africa since the 1980s when state-owned arms maker Denel unveiled the Rooivalk, or red falcon, attack …
- AfricaBusinessNewsSouth AfricaSouthern Africa
South Africa’s Denel faces funding gap for restructuring
Cash-strapped state defence firm Denel will need around R3 billion (~$170 million) to cover a funding gap for a restructuring plan it is aiming to execute over the next 12 …
- AfricaAFRICA NEWSBusinessEconomyEnergyNewsSouth AfricaSouthern Africa
South Africa signs R11bn wind energy deals to tackle energy crisis
The South African government on Thursday signed three renewable energy deals worth R11 billion with independent producers to supply wind energy amid worsening blackouts in the country. The three agreements …
- AfricaAFRICA NEWSBanking, Finance & InvestmentEconomyNewsSouth AfricaSouthern Africa
AFDB offers South Africa a financing deal to raise $41bn
The African Development Bank has suggested a plan to South Africa that will help the nation use the $8.5 billion in climate financing pledged by some of the world’s richest …