South African News
Only 40% of developing-country utilities are financially sustainable, World Bank warns
By: Schalk Burger 19th June 2024 The majority of electric utilities in developing countries are ill-equipped to meet growing demand for power and add more renewable energy into the... →
South African inflation stable but still above central bank objective
By: Reuters 19th June 2024 South African inflation was stable in May, data showed on Wednesday, but analysts do not expect interest rate cuts any time soon as it remains... →
Parliament concerned over UDM deputy leader Kwankwa’s kidnapping
By: Sashnee Moodley 19th June 2024 Parliament said on Wednesday that it was deeply concerned by the kidnapping of the United Democratic Movement’s deputy president Nqabayomzi... →
DA poised to benefit most in GNU – Oxfam SA
By: Thabi Shomolekae 18th June 2024 Oxfam South Africa board chairperson Mazibuko Jara stated on Tuesday that given the Democratic Alliance’s (DA’s) immediate access to “a skilled... →
UDM confirms ransom paid for kidnapped deputy leader
By: Sashnee Moodley 18th June 2024 The United Democratic Movement (UDM) revealed on Tuesday that its deputy president Nqabayomzi Kwankwa was kidnapped but returned safely after the... →
Southern Palladium remains committed to advancing Bengwenyama project
By: Martin Creamer 18th June 2024 The completed prefeasibility study (PFS) drilling campaign for the Bengwenyama platinum group metal (PGM) project, on the eastern limb of South... →
ANC Veterans’ League commits to guide GNU, hold MPs accountable
By: Thabi Shomolekae 18th June 2024 The African National Congress Veterans’ League on Tuesday welcomed the Government of National Unity agreement, saying while more work is needed to... →
Reserve Bank to first cut repo rate in November - Reuters poll
By: Reuters 18th June 2024 South Africa's Reserve Bank is seen waiting until November before it cuts its repo rate as economists continue to roll back their expectations when... →