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…
Amid a tough 2024, South Africa’s mining industry sees significant uptick in M&A activity Business October 2, 2024 It’s been a challenging year for South Africa’s mining industry. Commodity prices, with the exception of gold, have been under…
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…
South Africa’s Minister of Trade visits Sasol, talks industry National News September 28, 2024 LAKE CHARLES, La. (KPLC) – Parks Tau, South Africa’s Minister of Trade, Industry and Competition capped off his week long…
How South Africa’s BPO industry can keep winning in global markets Business September 27, 2024 Wayne Francis, CEO of Global Connect Outsourcing. “By recruiting and training individuals from underprivileged communities, GCO is making an impact…