South Africa's central bank trimmed its main lending rate as expected on Thursday, its third cut in a row, but it placed emphasis on the uncertain global backdrop and said it had modelled the potential impact of a trade war.
Eskom, South Africa
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South Africa's Eskom wins approval for tariff increase of 12.7%
South Africa’s Eskom Allowed to Lift Prices a Third of What It Wanted
South Africa’s energy regulator allowed state-owned Eskom Holdings SOC Ltd. to raise electricity tariffs by 12.7%, well below the amount requested by the debt-laden utility that’s trying to turn around its finances.
Approving Eskom's tariff hike application as is would've had a 'devastating impact on the economy' - NERSA
[JUST IN] Energy regulator, NERSA, has announced its decision on Eskom tariff hike application. NERSA has approved: 2025/26: 12,7% 2026/27: 5,3% 2027/28: 6,19% What Eskom requested: 2025/26: 36,15% 2026/27: 11% 2027/28: 9%. TCG pic.twitter.com/aq8Qeaobge
South Africa's central bank cut its main lending rate by another 25 basis points to 7.50% as expected on Thursday, saying that while inflation appeared well-contained the medium-term outlook was more uncertain than usual.
A daughter of former South African President Jacob Zuma has been arrested on terrorism charges for allegedly inciting violence during deadly riots that shook the country in 2021.
Sambudla, a daughter of former South African president Jacob Zuma, appeared in court on Thursday after being charged with inciting violence during riots in 2021 in which more than 300 people were killed.
Rwanda and South Africa hope to host an African grand prix for the first time since 1993, but several expensive obstacles stand in their way.
Regional tensions spiral as peacekeepers killed in fighting following Rwandan-backed M23 rebel group offensive
South Africa has a new law to govern the expropriation (or compulsory acquisition) of private property by government for public purposes or in the public interest. The passing of the Expropriation Act 13 of 2024 followed a parliamentary process that began in 2020.
Patients and health care advocates said the abrupt decision to halt U.S. funding for a lifesaving H.I.V. program led to widespread confusion. The backtracking didn’t help.
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Environmental scientists have compiled the first list of wetlands in South Africa’s Addo Elephant Park. This will be useful to measure the effects of climate change.
The South African Reserve Bank has cut rates by 25 basis points in line with expectations, but there are fears over a potential global trade war.
A new Government of National Unity (GNU) has been in place since June 2024, which the markets have welcomed. The GNU faces difficult challenges: declining GDP per capita, high unemployment, poverty and inequality,
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