April 04
South Africa: While the People Are Desperate for Jobs, the Country Is Rapidly Deindustrialising [analysis]
Daily Maverick
ArcelorMittal South Africa is acutely aware of the severe consequences of winding down the Long Steel business on the economy and in particular, on employment in SA. Read more »
Namibia: Rising Fuel Can Flame Inflation
New Era
Figures from the mines and energy ministry show that during March 2024, global petrol prices increased by 2.7% while international prices for diesel 50ppm decreased by 2.64% ,and… Read more »
Africa: Penultimate Day of Newspace Africa Addresses African Space Programs
ANGOP
The penultimate day of the 11th edition of NewSpace Africa (African Space Conference 2024) has two panels dedicated to updating African space programs, the event's spokesperson,… Read more »
Zimbabwe: U.S.$103m Windfall for Tobacco Farmers, As U.S.$4, 99 Price Ceiling Breached
The Herald
FARMERS' earnings from tobacco sales continue on an upward trajectory recording a 75 percent increase from US$59 million earned by Day 13 in the 2023 marketing season to US$103… Read more »
South Africa: Broadening a Mighty Range - The New Ford Ranger Tremor and Platinum [analysis]
Daily Maverick
South Africa's bakkie-mad market has just got even more competitive with the launch of Ford SA's locally produced Ranger Tremor and upmarket Ranger Platinum. Read more »
Namibia: Bon Launches Modified N$100 Note
Namibian
The Bank of Namibia (BoN) has launched a modified N$100 note that now bears the signature of governor Johannes !Gawaxab. Read more »
Namibia: Namibia Records N$26,3m Worth of Fraud Cases in Banking Sector
Namibian
Namibia has recorded a total of 357 fraud cases in 2023, which has led to losses amounting to N$26,3 million. Read more »
Africa: Standard Chartered, Old Mutual Fintech Arms to Launch UAE Wealth Management Platform
Daily Maverick
The new wealth platform will be headquartered in the UAE, the Middle East's financial hub, providing access to advanced budgeting, savings and investment solutions for users in the… Read more »
South Africa: SA Reserve Bank Is Exorcising the Spectre of Stagflation
Daily Maverick
The South African Reserve Bank is unlikely to cut interest rates in the near future. Read more »
Namibia: Mandatory SIM Card Registration Deadline Concludes
Namibia Economist
The Communications Regulatory Authority of Namibia (CRAN) announced the conclusion of the mandatory registration period for all Subscriber Identity Module (SIM) cards in the… Read more »
South Africa: Elections 2024 - What the Major Political Parties Say About Public Transport
GroundUp
We sent questions to the ANC, DA, EFF, IFP, FF Plus, ActionSA, PA, MK Party and RISE Mzansi Read more »
Zimbabwe: Geo Pomona, Ghanaian Firm Exchange Notes
The Herald
A delegation from Geo Pomona Waste Management company has flown to Ghana to exchange notes with another waste management firm, Jospong Group, with a focus on sharing best… Read more »
South Africa: Markus Jooste's Steinhoff Was a Horrific, High-Profile Example of Corporate Capture [opinion]
Daily Maverick
Steinhoff is corporate South Africa's handmaid to State Capture. They share the same DNA -- people who knew better and could have done something chose silence. Read more »
Namibia: Inaugural Global African Hydrogen Summit Set for Windhoek
Namibia Economist
Namibia Is gearing up to host the first-ever Global African Hydrogen Summit (GAH2S) in Windhoek from 3 to 5 September. Read more »
Namibia: 'Struggle Kids' Push for More Jobs
Namibian
The Namibia Exile Kids Association (Neka) passed a resolution over the weekend, demanding more job opportunities for its unemployed members. Read more »
South Africa: 'If We Can Just Stop Taxi Violence' - Ricardo Mackenzie Reflects On His First Year As Western Cape Mobility MEC [analysis]
Daily Maverick
It's been just over a year since the Western Cape Department of Mobility was launched, with MEC Ricardo Mackenzie in charge. During this time, the province has undergone a… Read more »
South Africa: All Systems Go for Eskom Transmission Arm to Become a Separate Company [analysis]
Daily Maverick
The unbundling of ailing state-run power utility Eskom into three entities has passed a major threshold. The National Transmission Company of South Africa has achieved all the… Read more »
Africa: Cheaper Down the Road - Total Cost of E-Buses Beats Diesel in the Long Run in South Africa - Study [analysis]
Daily Maverick
A new report finds that a transition from diesel to battery-powered electric buses in South Africa's main cities can be justified purely on a financial basis, in most… Read more »
South Africa: Gauteng Commuters Cheer Prasa's Long-Awaited Reopening of Key Rail Lines [analysis]
Daily Maverick
Almost four years after the destruction of the country's rail infrastructure, Prasa has been on a steady recovery path that has seen more crucial rail lines reopen. In Gauteng, 13… Read more »
South Africa: Diversifying and Investing Offshore Can Help Protect Investments [analysis]
Daily Maverick
There will be times when the local market will do better than the US and times when the rand will strengthen against the dollar, so do not just chase last year's winner. Read more »
April 03
Namibia: Fuel Prices Go Up
Namibia Economist
The price of petrol increased by N$1.52 per litre, while both diesel grades will increase by 72 cents per litre, effective Wednesday, the Ministry of Mines and Energy announced. Read more »
South Africa: Cosatu Welcomes the Resignation of the Speaker of the National Assembly, Ms. Nosiviwe Mapisa-Nqakula [press release]
COSATU
The Congress of South African Trade Unions (COSATU) welcomes the resignation of the Speaker of the National Assembly, Ms. Nosiviwe Mapisa-Nqakula from Parliament with immediate… Read more »
April 02
Malawi: Govt Maintains Its Stand Not to Hike Electricity Tariffs
Nyasa Times
The Ministry of Energy has sustained a suspension of a 40.9 percent electricity tariff adjustment. Read more »
Zimbabwe: Communities to Benefit From U.S.$30m Power Project
The Herald
Communities in Gutu, Zaka and Bikita have received a major boost after Bikita Minerals Sinomine laid the US$30 million Tokwe-Bikita 132KV powerline that will add impetus to the… Read more »
South Africa: Consumers to Dig Deeper As Petrol, Diesel Prices Increase
SAnews.gov.za
Motorists are expected to feel the pinch even further this month when the prices of all grades of fuel increase. Read more »