South African News
Eskom risk premium falls as turnaround wins over bond investors
By: Bloomberg 20th December 2024 Eskom Holdings’s risk premium is dwindling as a turnaround at South Africa’s State-owned electricity company gathers momentum. The extra yield... →
Network Statement a major step in rail reform – B4SA
By: Schalk Burger 20th December 2024 Industry organisation Business for South Africa (B4SA) welcomes the release of the Network Statement as an exciting and significant milestone in... →
Intentions of GNU must translate into service delivery and meaningful change – Campbell
By: Schalk Burger 20th December 2024 While the post-election period brought its share of challenges, and with South Africa navigating the complexities of the Government of National... →
Ramaphosa assents to National Nuclear Regulator Amendment Bill
By: Thabi Shomolekae 19th December 2024 President Cyril Ramaphosa on Thursday assented to the National Nuclear Regulator Amendment Bill, which provides for nuclear safety oversight,... →
Eskom reports R25.5bn loss amid systemic challenges, recovery efforts
By: Simone Liedtke 19th December 2024 State-owned power utility Eskom has reported a R25.5-billion loss before tax for the financial year ending March 31, 2024, following a year marked... →
South Africa still in ‘foothills of economic recovery’ as fourth-quarter policy uncertainty rises to 65.7
By: Schalk Burger 19th December 2024 South Africa is "still in the foothills of economic recovery" and, while external influences must still be skillfully navigated, the country's... →
Commission recommends CPI + 1.5% increase for the national minimum wage in 2025
By: Schalk Burger 19th December 2024 The National Minimum Wage (NMW) Commission has published a recommendation in the Government Gazette that the national minimum wage be adjusted by... →
South African rand recovers some ground against dollar
By: Reuters 19th December 2024 South Africa's rand recovered some losses on Thursday, a day after the Federal Reserve struck a hawkish tone on interest rate cuts in the coming... →