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 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…
South Africa Treasury’s Guma Leaves, Reform Unit to Remain Priority National News September 20, 2024 (Bloomberg) — South Africa’s National Treasury said its “pool of skilled and competent officials” is sufficient to ensure that the…