South Africa’s Bailout Bill for State Firms Nears $30 Billion National News October 15, 2024 (Bloomberg) — Bailouts for cash strapped South Africa’s state companies have cost taxpayers 456.5 billion rand (about $25.9 billion) over…
Eskom’s Call for 36% Price Hike Blamed on South African Politics Business October 14, 2024 (Bloomberg) — South Africa’s state-owned power utility said it had to ask for 36% increase in prices because of the…
South Africa Power-Line Rollout to Spur Bond-Market Revival National News October 11, 2024 (Bloomberg) — A multibillion-dollar plan to expand South Africa’s electricity transmission network may throw a lifeline to the country’s corporate…
Rand Volatility Slumps as Foreign Interest in South Africa Wanes National News October 8, 2024 (Bloomberg) — The South African rand is the calmest it’s been in nine years, but the drop in volatility points…
South Africa $1.9 Billion Citrus Exports Face New Disease Threat Latest October 4, 2024 (Bloomberg) — South Africa’s $1.9 billion citrus-export industry, the world’s biggest after Spain, faces a new disease threat amid an…
South Africa’s Treasury Endorses Banker to Be Next AfDB Head Business October 2, 2024 (Bloomberg) — South Africa’s National Treasury endorsed Bajabulile Swazi Tshabalala, a former senior staffer at the African Development Bank, to…
Next Phase of South Africa’s Business-Government Pact Eyes 3% Growth Business October 1, 2024 (Bloomberg) — The next chapter of a partnership between the South African government and business will focus on reviving an…
HSBC HOLDINGS Exits South Africa, Transfers Local Biz, Clients to FirstRand Bank: Report Local News September 26, 2024 You expressly agree that the use of this app/website is at your sole risk. AASTOCKS.com Limited, HKEx Information Services Limited,…
South Africa’s Coalition Government Triggers Wave of Investment National News September 23, 2024 (Bloomberg) — The formation of South Africa’s business-friendly coalition government has triggered a wave of investment announcements and positive sentiment…
South African Unity Government at 100 Days Amid Market Optimism National News September 22, 2024 (Bloomberg) — South Africa’s new government marks its 100th day in power on Sunday, and while the coalition has been…