Category: Business & Economy

[ad_1] US Treasury Secretary Janet Yellen departs Tuesday to go to three African nations central to President Joe Biden’s technique to rejuvenate ties on the continent and counter China’s influence throughout the creating world. The 11-day journey comes only a month after Biden hosted greater than 40 African leaders in

[ad_1] As lingering droughts hit southern Africa’s hydropower dams, Zimbabwe faces rising electrical energy shortages – however connecting people and companies which have put in personal solar panels to the nationwide grid may assist fill among the hole. Farmer Kalani Ndlovu, as an example, needs to broaden his 13 kilowatt

[ad_1] African elephant numbers have dropped from about 26 million within the 1800s to 415,000 right now. While this is largely due to European colonisation, poaching and habitat loss, these majestic animals now face one other grave problem. Climate change is inflicting droughts in a lot of Africa to turn

[ad_1] We all kick off a brand new yr with sure resolutions in thoughts, equivalent to maintaining a healthy diet and exercising more. More typically than not, it’s not simply our costume or pants dimension that feels a bit tighter than earlier than the vacation indulging, but in addition our

[ad_1] As we start 2023, the explanations to stay constructive could appear few and much between. With an intensified load shedding schedule becoming a member of a lengthy listing of financial illnesses, together with rising rates of interest, an already-high value of dwelling and lacklustre financial progress, many South Africans

[ad_1] You may hearken to this podcast on iono.fm here. This transcript is a translation from the unique interview, which was carried out in Afrikaans and aired on RSG Geldsake, right here. RYK VAN NIEKERK: In October final yr I chatted to Johann Ferreira of Intercape, and this was after the Eastern

[ad_1] One of PRASA’s most important capital contracts – to upgrade its depots to accommodate its new blue trains – has been delayed by irregularities. Dozens of recent blue trains have been left to stand idle. A settlement settlement between a failed tenderer and the contract award winner could also

[ad_1] A benchmark of world shares headed for a weekly achieve amid easing inflationary strain within the US and expectations for smaller rate of interest hikes. Shares had been largely greater in Asia regardless of uneven buying and selling, placing a gauge of the area’s equities on track for the

[ad_1] Business rescue was launched into the Companies Act and have become efficient in 2011 with a view to saving and restructuring relatively than liquidating firms deemed to have an inexpensive likelihood of survival. According to a 2022 Companies and Intellectual Property Commission (CIPC) report, 4 370 firms entered enterprise rescue

[ad_1] Only just a few hours earlier than the court-ordered deadline, vitality regulator Nersa on Thursday made the “very difficult” choice to grant Eskom a tariff improve of 18.65% for 2023/24 and 12.74% the next yr. This, nevertheless, comes with non-negotiable circumstances that can turn into a part of Eskom’s