South Africa's energy regulator on Thursday granted state power utility Eskom an average tariff increase of 12.7% for 2025/26, less than the debt-laden company had requested.
Kagame's comments clearly suggested that he wants South Africa to back off from DR Congo, where its military involvement dates back to the late 1990s. It first joined the UN's peacekeeping mission, Monusco, following the end of the racist system of apartheid in 1994.
South Africa's central bank trimmed its main lending rate as expected on Thursday, its third cut in a row, but it placed emphasis on the uncertain global backdrop and said it had modelled the potential impact of a trade war.
South Africa's central bank cut its main lending rate by another 25 basis points to 7.50% as expected on Thursday, saying that while inflation appeared well-contained the medium-term outlook was more uncertain than usual.
Regional tensions spiral as peacekeepers killed in fighting following Rwandan-backed M23 rebel group offensive
South Africa has a new law to govern the expropriation (or compulsory acquisition) of private property by government for public purposes or in the public interest. The passing of the Expropriation Act 13 of 2024 followed a parliamentary process that began in 2020.
South Africa’s energy regulator allowed state-owned Eskom Holdings SOC Ltd. to raise electricity tariffs by 12.7%, well below the amount requested by the debt-laden utility that’s trying to turn around its finances.
Environmental scientists have compiled the first list of wetlands in South Africa’s Addo Elephant Park. This will be useful to measure the effects of climate change.
The South African Reserve Bank has cut rates by 25 basis points in line with expectations, but there are fears over a potential global trade war.
Rwanda and South Africa hope to host an African grand prix for the first time since 1993, but several expensive obstacles stand in their way.
Patients and health care advocates said the abrupt decision to halt U.S. funding for a lifesaving H.I.V. program led to widespread confusion. The backtracking didn’t help.