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Economy

SA coal exports seen waning as renewables gather pace

Sep 16 2019 15:08

South Africa’s thermal-coal exports are expected to drop as its main export hub faces growing competition and new cheaper energies proliferate, according to a US research group.

South Africa

Govt considering R160 billion green-energy initiative

Sep 16 2019 12:28

A plan to establish the world’s largest green-energy financing initiative is being threshed out, as SA seeks to cut its carbon footprint and fund struggling power utility Eskom.

South Africa

Sanral gets R7 billion from Brics bank to improve toll roads

Sep 16 2019 11:21

The statement by the New Development Bank said R7bn was approved by the NDB’s board of directors for National Toll Roads Strengthening and Improvement Programme in South Africa.

South Africa

Emerging-market rally may hinge on stimulus. Just not too much

Sep 15 2019 15:50

Emerging markets will again be looking to central banks to provide the next leg-up in a rally that’s making it the best September so far for stocks and currencies since 2013.

South Africa

Govt revives plan to take free stake in energy projects

Sep 15 2019 07:20

The government is drafting a new law that aims at securing it a free stake in all new oil and gas ventures, revising the terms of a proposal shelved four years ago.

South Africa

South African confidence at lowest since 1980s disinvestment

Sep 11 2019 12:49

South African business confidence slumped to the lowest level since disinvestment from the country over its apartheid policies started gaining momentum a quarter century ago.

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South Africa

Xenophobia: No country can prosper on its own, says Massmart chair

Sep 10 2019 21:30

Massmart chair Kuseni Dlamini has joined a chorus of business leaders condemning the recent wave of attacks against foreign nationals in South Africa, saying "no country can prosper on its own".

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