Browsing: Southern Africa Business

The new foreign exchange policy in essence devalues the local bond note

Maintenance issues at Eskom’s power plants plunged swathes of the country into darkness this month

Net debt currently stands at around 2.28 trillion rand, or 48.6% of GDP, according to the treasury.

The power crisis had resulted in traffic gridlock across major cities as traffic lights stop working

Sibanye-Stillwater says five shafts at its Beatrix and Driefontein operations made financial losses last year

“Oil prices have not increased alarmingly because the market is still working off the surpluses built up in the second half of 2018”

Prized by a small band of aficionados, Courteney boots have soles made from natural tree rubber

Markets will focus also on Finance Minister Tito Mboweni’s budget speech on February 20

This is the first time the power utility will be load shedding in two months

Total’s CEO says the potential quantities “could be around one billion barrels of global resources, gas and condensate light oil”.