Utility giant Eskom imposed highly unpopular rotational power rationing, since last Thursday.
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Ahead of impending local and international economic data, South Africa’s rand weakened slightly early on Monday…
Courting independent renewable energy producers to help power the country’s economy
Official say they want to promote clean energy
The mayor said the contract was terminated by mutual agreement.
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.
South Africa has a near-record 27 percent unemployment rate, and trade unions say that 9.3 million employable people need jobs.
The South African Chamber of Commerce and Industry’s monthly business confidence index slipped to 95.1 in January
In its latest report, the World Bank projected the economy will grow at 1.7% in 2020.