The decision to hike the repo rate by 25 basis points comes in the wake of red-hot inflation in advanced economies and fears policymakers will start to dial back on accommodative measures
Last week, South Africa’s biggest cell phone operator announced two major acquisitions amid speculation its rivals may be teaming up
Global inflation has surprised on the upside, which may factor into whether the Reserve Bank’s monetary policy committee decides to raise the interest rate on Thursday
Eskom appeals to the public to help the utility to avoid more power outages by reducing electricity usage
‘I protected Pityana’s job’
The opposition party referred to the government’s economic policy as ‘hopelessly inadequate’ and an obstacle in the path towards stable public finances
The beleaguered power utility has managed to recover 2000 megawatts in partial load losses from when it implemented stage four load-shedding earlier in the week
André de Ruyter assures the public that the power utility is currently on track to lift load-shedding on Saturday morning
The investment company has insulated its shareholders against the resource’s price swings while looking towards a more sustainable future
The state power utility, saddled with a creaking generation infrastructure, has been forced to increase rolling blackouts to avoid overwhelming the national grid