Iranian retaliation and Israeli air strikes are spreading across Gulf states and Lebanon, rattling energy markets and exposing deep divisions at the United Nations
As struggling municipalities face shrinking income and mounting debt, innovative renewable energy models are aiming to stabilise costs and secure power systems
South Africa’s largest domestic carrier said the price of jet fuel at local airports rose by about 70% in just one week, following a surge in global oil prices
US ambassador to South Africa, Leo Brent Bozell III, was called in for a formal diplomatic demarche following comments the government described as “undiplomatic”
In an interview with the Mail & Guardian, Finance Minister Enoch Godongwana explains why stabilising South Africa’s debt marks a turning point for the fiscus and why rail reform, infrastructure delivery and fiscal discipline will determine whether the shift can be sustained. Finance minister Enoch Godongwana says South Africa’s debt trajectory has reached a turning […]
South Africa does not face a shortage of capital for infrastructure. It faces a shortage of institutions that are structurally ready to absorb it. This distinction is often overlooked in debates about infrastructure delivery. Funding gaps are frequently cited as the primary obstacle, yet South Africa’s financial system remains deep, liquid and capable of supporting […]
Surging oil prices linked to the Middle East conflict are exposing South Africa’s dependence on imported fuel, raising concerns about reserves, inflation and economic growth
South Africa’s economic outlook is facing renewed uncertainty as the widening war involving Iran, Israel and the United States begins to ripple through global energy markets, raising concerns about fuel prices, inflation and the timing of potential interest rate cuts. Oil markets reacted sharply as the conflict intensified. Brent crude surged past $100 a barrel […]
African Bank has appointed veteran banker Zweli Manyathi as its next chief executive as the lender enters what its board describes as a consolidation phase following several years of expansion and acquisitions. The bank announced that current group chief executive Kennedy Bungane will step down after five years in the role, during which he led […]
What began with coordinated US and Israeli air strikes on Iranian targets on 28 February has since evolved into a regional confrontation involving missile exchanges, attacks on military installations across the Gulf and intensified fighting along Israel’s northern frontier