Investors Balk at Energy-Intensive Projects in South Africa

[ad_1] Investors are holding back on investing in energy-intensive projects in South Africa as the country’s power crisis undermines business continuity and hurts economic growth. “There are large investments, which…

The Rand Is Paying the Price For South Africa’s Economic, Political Woes

[ad_1] The rand is paying the price for South Africa’s woes, with the 20 per dollar level now firmly in sight as investors fret about restrictive monetary policy adding to…

Ramaphosa Woos Business; Political Anxiety: SA Investment Latest

[ad_1] South Africa attracted 1.51 trillion ($84 billion) of new investment pledges over the past five years, 26% more than a target set in 2018, President Cyril Ramaphosa said. New…

Africa’s Richest City Is Crumbling Under Chaos and Corruption

[ad_1] Crime, Chaos and Corruption: Life in South Africa’s Richest City  Bloomberg [ad_2] Source link

South African Business Confidence Edges Up After GDP Surprise

[ad_1] South African business sentiment recovered in the third quarter from an almost three-year low, though power outages, high interest rates and outbreaks of social unrest continue to weigh on…

South Africa Still Weighing Impact of Charging Eskom Interest

[ad_1] South Africa is still assessing the effect of adding interest to a 254 billion rand ($13.8 billion) debt relief package for state-owned Eskom Holdings SOC Ltd. as the company…

South Africa Set to Pick Dan Marokane as New Eskom CEO

[ad_1] Dan Marokane is expected to be appointed as the new chief executive officer of South Africa’s state power utility Eskom Holdings SOC Ltd. after an almost year-long search for…

Transnet Needs More Than a Plan to Fix South Africa’s Logistics

[ad_1] Elon Inc. At Bloomberg, we’re always talking about the biggest business stories, and no one is bigger than Elon Musk. In this new chat weekly show, host David Papadopoulos…

Failing Rail, Ports Are New South African Growth Risk, SARB Says

[ad_1] South Africa’s central bank is concerned that the country’s failing port and rail network is thwarting efforts to revive the economy, just as the energy supply begins to show…

South Africa Says $12.5 Billion Loans to Help Link Cape to Grid

[ad_1] South Africa Says $12.5 Billion Loans to Help Link Cape to Grid  Bloomberg [ad_2] Source link