Global Demand for Coal Is Bringing Mayhem to South African Towns

[ad_1] An often impenetrable logjam of trucks laden with coal at South Africa’s crossing with Mozambique has brought chaos to a sleepy border town. Elephants escaping from the nearby Kruger…

South Africa Has a Bigger Problem Than Loadshedding

[ad_1] South Africa is famous for its tortured road to democracy, its world-beating rugby team, its wine and its cultural diversity — but in business and finance circles, the country’s…

An Untouchable Steel Plant Forces a Grim Choice on the Dutch

[ad_1] Anne Albers is the three-time Dutch longboard surf champion, but she can’t enjoy her “little surfing paradise” in Wijk aan Zee, a seaside village of about 2,000 people. The…

Germany Fires Up Reserve Coal Plant in Winter’s First Cold Snap

[ad_1] Germany has fired up a refurbished coal unit to help meet energy needs as the region’s first cold spell takes hold. A unit of a power plant in the…

Rampant Corruption at Energy Provider Drags Down South Africa

[ad_1] On a late Thursday afternoon last November, in the midst of rolling blackouts implemented by South Africa’s state-owned electricity company, a contractor at a power station in the eastern…

Macron Says France to Ask Oil Industry to Sell Fuels at Cost

[ad_1] French President Emmanuel Macron said he will push the country’s oil sector to sell gasoline and diesel at cost as the government seeks to mitigate the impact of surging…

How 60 Million South Africans Are Being Failed by Global Climate Politics

[ad_1] It was meant to be the climate justice blueprint, the deal that showed how rich countries could help developing economies end their reliance on coal and go green. Almost…

South African Jobless Rate Could Hit 38.1%, Businesses Tell President

[ad_1] South African business leaders told President Cyril Ramaphosa that the jobless rate could rise to 38.1% by 2030 without urgent action to solve the country’s energy, logistics and crime…

UBS Says Confidence Key to Ending Historic IPO Slump

[ad_1] Deals including initial public offerings aren’t likely to recover from their doldrums “for a few quarters yet” unless global business confidence returns, according to a review by Swiss bank…

COP28 Latest: UK’s Labour Warns of a ‘Culture War on Climate’

[ad_1] COP28 Latest: Germany’s Scholz, Brazil’s Lula Among Speakers  Bloomberg [ad_2] Source link