Massive solar farm launches in South Africa
Africa-Press - South-Africa. Norwegian-based Scatec ASA officially unveiled its 540 MW Kenhardt hybrid solar and battery facility in the Northern Cape on April 18th.Comprising...
Reserve Bank hints at next interest rate decision in May
Africa-Press - South-Africa. South African Reserve Bank Governor Lesetja Kganyago says it is too early to tell what this week’s positive inflation data means...
Already cash-strapped South Africans buckle under 12.74% electricity price hike
Africa-Press - South-Africa. Engineering Executive at CBI-electric: low voltage, Dr Andrew Dickson says the impact of rising electricity prices on consumers is massive.The recent...
PetroSA targets Mozambique gas in new sales deal
Africa-Press - South-Africa. PetroSA expects the first flows of gas into the country from a deal with Mozambique's national energy company ENH later this...
Price of petrol set to rise in May, diesel to decrease
Africa-Press - South-Africa. South African fuel prices have reached record-high increases over the past three years, despite the government not increasing the General Fuel...
Global Gateway: EU and Horn of Africa countries sign Alliance to boost economic development...
Africa-Press - South-Africa. Today in Brussels, during the 19th Horn of Africa Initiative Ministerial, co-chaired by European Commission Vice-President Margaritis Schinas and H.E. Ahmed...
Transnet failures push Kumba to cut production – and jobs
Africa-Press - South-Africa. Transnet’s inefficient railways and general lack of capacity have forced Kumba Iron Ore, a subsidiary of Anglo America, to cut its...
Best-performing asset classes in 2023
Africa-Press - South-Africa. Healthcare was the best-performing asset class in South Africa at the end of 2023, followed closely by industrial shares and the...
Tax increases to fund NHI
Africa-Press - South-Africa. The Department of Health has confirmed that tax increases and other tax changes are on the cards to fund the National...
Volkswagen announces R4bn investment in Kariega plant
Africa-Press - South-Africa. Volkswagen Group Africa on Tuesday announced a R4bn investment in its manufacturing plant in Kariega, Eastern Cape, earmarked for facility upgrades...