October 17, 2023
South Africa: Price Hikes On Basics Add Strain to Poor and Hungry South Africans As Grant Payment Glitches Persist
As the Social Development Department contends with the challenge of providing grants to 19 million South Africans, the high cost of living limits the impact of social security… Read more »
October 16, 2023
South Africa: End of Load Shedding 'In Sight', Says Electricity Minister
Still bleeding green and gold at the South African Green Hydrogen Summit in Cape Town on Monday, Electricity Minister Kgosientsho Ramokgopa equated the recent period of reduced… Read more »
South Africa: South Africa's Food Crisis - Avoidable, Unnecessary and Reaching Epidemic Proportions
Households are drowning in a relentless spiral of debt, high interest rates, various living costs increases, food price inflation, anxiety and desperation as they are forced to… Read more »
October 15, 2023
South Africa: Burgeoning Hydrogen Sector Touted As Potential Creator of 30,000 Jobs
In a country grappling with unemployment, green energy may help to turn the tide. Read more »
October 14, 2023
South Africa: Eskom, Transnet Ex-Board Members Blame 'Meddling' Minister Gordhan for Executive Exodus At Dysfunctional SOEs
In the wake of the exodus of top executives at failing state-owned enterprises responsible for South Africa's economic malaise, former board members blame Public Enterprises… Read more »
October 13, 2023
South Africa: Cape Town International Airport Runway Shut Down After Hydraulic Fuel Spill
Passengers were left frustrated on Thursday after the main runway at Cape Town International Airport was closed, causing flight delays and cancellations. Read more »
October 12, 2023
South Africa: 'Environment Minister' Ties the Knot With Her 'One True Love, Big Oil'
'We are gathered here today to join, in holy matrimony, Environment Minister Barbara Creecy with her one true love, Big Oil, while her jilted lover, Planet Earth cries silently.'… Read more »
Africa: The Irony of Africa Energy Week's Capture By the Oil and Gas Industry
As Africans, we must ask ourselves one question: how can we transition to renewable energy when we keep allowing entities with a clear and conflicting agenda to dominate our table?… Read more »
South Africa: French Government Officials Undeterred By Just Energy Transition Implementation Delays
The French government is not deterred by the slow pace of the implementation of the Just Energy Transition in South Africa. France has committed to investing billions of rands… Read more »
October 11, 2023
South Africa: UK Trade Envoy Says Blackouts Are Powering Foreign Investment in Renewables
Britain is seeking to expand its already large renewable energy footprint in SA, says UK trade envoy for South Africa, Andrew Selous. Read more »
October 10, 2023
South Africa: Public Hearings On Electricity Sector Overhaul Bring Out a Plethora of Socioeconomic Problems
From Eskom corruption, inaction and rotational power cuts, to unemployment, electricity thieves and tariffs -- all were tabled during public hearings on the Electricity Regulation… Read more »
October 09, 2023
South Africa: Eastern Cape Needs R3.8bn a Year to Fix Potholes and Maintain Roads
MEC for Transport and Community Safety in the Eastern Cape Xolile Nqatha has told the provincial legislature that R3.8-billion a year is needed for road maintenance. Potholes have… Read more »
South Africa: Crime, Corruption, Power Crisis and Logistical Deficits Mean Deep Trouble for SA's Mining Sector
Tipping over the edge will affect not only the South African, but the global economy, given the country's resources riches. And SA's metals and minerals are crucial to addressing… Read more »
October 05, 2023
South Africa: State-Owned Transport Group Leadership Exodus Continues As Another Executive Resigns
Mzimela has been facing enormous pressure to resign because under her watch, Transnet's rail network, which she manages, has become inefficient and unreliable for big industry. Read more »
South Africa: Western Cape Gets R1.2 Billion Boost From Cruise Industry
The docking of cruise ship Vasco da Gama in Cape Town is not a re-enactment of the Portuguese colonialist's 1497 arrival, but the opening of the cruise liner tourism season on 2… Read more »
October 04, 2023
South Africa: Lay-Offs in PGM Sector Are 'Inevitable' As Prices Sink and Costs Soar - Sibanye-Stillwater CEO
Sibanye-Stillwater CEO Neal Froneman has warned of 'inevitable' lay-offs in South Africa's platinum group metals (PGMs) sector in the face of prices which have collapsed from… Read more »
October 03, 2023
South Africa: Does Standard Bank's Clean Energy Funding Outweigh Its Controversial Dirty Energy Deal Facilitation?
Lungisa Fuzile, Standard Bank South Africa's chief executive, maintains that the bank has a strong commitment to renewable energy, financing R5 in renewable energy for every R1… Read more »
October 02, 2023
South Africa: Pick n Pay Hopes Summers Will Bring the Sunshine to End Its Gloomy Winter
The retailer's share price plummeted on Monday after it issued a dire profit warning. Read more »
South Africa: Surge in Power Cuts Undermines Absa PMI in September, Manufacturing Output Likely Contracted in Q3
The Absa Purchasing Managers' Index sank over 4 points in September as the level of rolling blackouts intensified, fuel prices spiked and demand sagged in the EU and UK.… Read more »
South Africa: Environment Ministry Gives Oil Company Green Light for Western Cape Coast Offshore Drilling
French hydrocarbon company TotalEnergies can proceed with plans to drill for oil and gas off the Western Cape coast after Environment Minister Barbara Creecy rejected an appeal… Read more »
October 01, 2023
South Africa: Debt Blowout Fears - Treasury Urged to Increase Borrowings As Last Resort
The finance department has been backed into a corner by the ANC, raising fears of the state ratcheting up debt. Read more »
South Africa: New Investment Pledges Boost Just Energy Transition Funding Pool to $11.8 Billion
Denmark, the Netherlands and Spain have joined the group of countries who are partially financing South Africa's Just Energy Transition. Read more »
September 30, 2023
South Africa: Business Leaders Join Principals in Plan to Transform South Africa's Ailing Education System
The Execs Back to School programme goes beyond physical improvements and providing resources to schools, it seeks to instil a mindset of continuous improvement and growth within… Read more »
September 29, 2023
South Africa: Taxi Association Distances Itself From EFF's Planned Western Cape 'Shutdown' On Monday
The EFF has called for a 'shutdown' in the Western Cape on Monday, 2 October, over a number of issues, including 'unjust taxi impoundments'. But, unlike the August taxi strike, the… Read more »
September 27, 2023
South Africa: Eskom Talks Up Progress While Dancing Around the Real Issues
Eskom, which received a R254bn bailout in the February Budget, can't submit its audited financial statements to Parliament by the end-of-September deadline, it emerged on Wednesday… Read more »