South African News
Ramaphosa re-elected as ANC strikes coalition deal
By: Reuters 15th June 2024 The African National Congress (ANC) and its largest rival, the white-led, pro-business Democratic Alliance (DA), agreed on Friday to work together... →
Eskom targets JETP funds and partnerships for 2 GW clean-energy pipeline
By: Terence Creamer 14th June 2024 Having recently confirmed a decoupling of its just energy transition strategy from the decommissioning of its coal-fired power stations, Eskom is... →
Probably more diamond industry uncertainty now than at any other point – Gemdax
By: Martin Creamer 14th June 2024 While the diamond sector probably has more uncertainty now than at any other point, participants also probably have a bigger opportunity than ever... →
Steenhuisen hopes to use W Cape ‘expertise’ nationally, as GNU parties sign Statement of Intent
By: Thabi Shomolekae 14th June 2024 The Democratic Alliance highlighted on Friday that it has now entered national government - of which Cyril Ramaphosa is the preferred presidential... →
Lesufi re-elected Gauteng Premier with DA support
By: Bloomberg 14th June 2024 Lawmakers in South Africa’s Gauteng province, the nation’s economic hub, re-elected the African National Congress’s Panyaza Lesufi as Premier of... →
Markets cheer South Africa’s move to broad government alliance
By: Bloomberg 14th June 2024 South African stocks rallied and the rand gained, defying the global selloff in risk assets, as investors cheered an agreement between rival... →
GNU releases Statement of Intent, highlighting ANC, DA office bearers
14th June 2024 The African National Congress and the Democratic Alliance have pledged to cooperate through a voluntary Government of National Unity through the... →
Transnet to boost rail for VW, other automakers
By: Bloomberg 14th June 2024 Transnet said it’s in talks to run additional trains between a port in Gqeberha in the Eastern Cape province and the country’s commercial hub of... →