[ad_1] Danish police arrested eight employees at an energy trading company who will face charges of manipulating prices on the Nordic electricity exchange. The people, who include both executives and…
Tag: BRICS
South Africa Sets Role for Electricity Czar After Almost a Year
[ad_1] South Africa’s president approved an agreement giving Electricity Minister Kgosientsho Ramokgopa authority over the board and management of the state-owned power utility on ending blackouts, while Public Enterprises Minister…
Argentina pulls out of plans to join Brics bloc
[ad_1] It had been due in a few days to join the grouping, seen as a counterweight to the Western-led world. [ad_2] Source link
Why Nigeria must join BRICS alliance
[ad_1] About five years ago, the Federal Government of Nigeria and China entered into a currency exchange agreement. The transaction, which was valued at Renminbi (RMB) 16 billion or N720…
Singapore Director of 980 Firms Jailed for Neglect on Laundering
[ad_1] A Singaporean director of 980 companies in the city-state was sentenced to four weeks in jail after some of the companies he supervised were discovered to be laundering money,…
Eskom Set for Seventh Loss as Power Cuts Grip South Africa
[ad_1] South Africa’s Eskom Holdings SOC Ltd. is on track to post its seventh consecutive full-year loss as the utility crumbles under the weight of its debt pile and high…
Eskom Asks South Africa to Take a Stake to Ease Debt Costs
[ad_1] Eskom Holdings SOC Ltd., South Africa’s indebted state power utility, said the National Treasury is assessing whether to convert 16 billion rand ($875 million) of bailout funds into equity.…
South African Towns Owe Eskom Billions
[ad_1] South Africa’s top 130 municipalities could write off 8.6 billion rand ($462.8 million) of bad debt for the third quarter, hampering their ability to maintain sewerage systems and streets…
Saudi Arabia, Iran among six nations invited to join BRICS
[ad_1] Talks of expansion have dominated the three-day annual summit of major emerging economies in Johannesburg. Johannesburg, South Africa – Saudi Arabia and Iran are among six countries invited to…
South Africa Present For The BRICS+ Fashion Summit – iAfrica
[ad_1] The world of fashion witnessed a remarkable gathering as the BRICS+ Fashion Summit brought together industry professionals from Europe, Asia, the Middle East, Latin America, Africa, South-Eastern Asia, and…