South African, African and global economic news | Fin24
  • SA Revenue Service

    The tax agency says a unit that tackles illicit financial flows has recovered R2.6bn since April 2019.

  • Eskom

    The power utility has brought back a former manager to head up its Kusile construction.

  • Zimbabwe

    The country has turned to UAE in hopes of selling a stake in its national oil company.

South Africa

SA road freight companies could be cutting their carbon emissions in half - study

Jan 29 2020 05:00

Road freight is one of the largest contributors to carbon emissions in South Africa – but by making better logistical choices, road freight companies can reduce carbon emissions and save nearly R1.5bn on carbon taxes, research has found.


WATCH: Eskom may need 20 years for emissions rules

Jan 28 2020 20:06

South Africa's top polluter, struggling state-owned power utility Eskom, says it could take two decades to install the technology needed to comply with stricter emissions rules that come into force in April.


Unplanned Eskom breakdowns are still high - so where's all the load shedding?

Jan 28 2020 13:56

While Eskom was forced to implement power cuts earlier this month, for the better part of two weeks it has managed to avoid load shedding despite unplanned breakdowns being well above its goal. How did they do it?


Eskom brings back former manager from Philippines to head Kusile construction

Jan 28 2020 05:00

Eskom has brought back into the fold a former senior project manager at the company, who left to work at the Redondo Peninsula Energy company in the Philippines in 2017, to manage the Kusile construction project.


WATCH: World's largest 3D-printed building constructed in Dubai

Jan 27 2020 20:28

Apis Cor, an American construction firm that specialises in 3D printing, completed the world's largest 3D-printed building in Dubai at the end of October.The building stands at 9.5 metres.



Shunned by the West and China, Zimbabwe turns to UAE

Jan 27 2020 09:52

Zimbabwe's government has approached the United Arab Emirates in hopes of selling a stake in its national oil company, according to three company and government officials familiar with the plan.

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