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14 Apr 23
South Africa wants to mobilise 2trn rand (£88bn) of investment in the next five years, hoping to spur development in the country whose economy has been beleaguered by corruption, crime and government...
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4 Apr 23
The struggling South African state-owned power company Eskom will not have to disclose irregular spending in its annual financial statements, because the government fears the negative impact of...
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8 Jul 22
South Africa’s struggling state-owned power company Eskom has agreed it will give workers a 7% wage increase to end a pay dispute, but said the move will be “a struggle” to afford.
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28 Apr 22
South Africa’s ruling African National Congress party is reportedly looking to sell or close some of its state-owned enterprises after they were “destroyed” by a decade of corruption.
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3 Nov 21
South Africa will receive $8.5bn from some of the world’s most advanced economies to help transition away from coal power and meet its climate commitments.
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6 Mar 20
Power cuts and poor performance by the state-owned power company Eskom are “killing the economy” of South Africa, an economist has told PFF after the country entered its second recession in two years.
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24 Oct 19
Struggling South African power company Eskom has been given an additional 59bn rand (£3.1bn) by the country’s government to help service its debt and stop power cuts.
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12 Aug 19
Struggling South African state power utility Eskom wants the majority of its 440bn rand ($29bn) debt transferred to the country’s government.
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15 Jan 19
South Africa has recently been plagued by controlled power cuts organised by the single, state-owned electricity provider Eskom - a firm integral to the country’s economy but mired in accusations of...