NewsSouthern Africa

Wed,20Jun2018

Southern Africa

Eskom says coal supplier Optimum mine starts business rescue proceedings

Monday, Nov. 21, 2011, the cooling towers at Eskom's coal-powered Lethabo power station are seen near Sasolburg, South Africa.Photo: Denis Farrell/AP/SIPASouth African power producer Eskom said on Thursday the Optimum coal mine, which is owned by the Gupta family and supplies one of the utility's power stations, had started business rescue proceedings.

Read more...

Drought-hit Cape Town cuts water useage as 'Day Zero' looms

In this Friday, Feb. 2, 2018 photo a woman throws away used water in an informal settlement near Cape Town. Photo: Bram Janssen/AP/SIPAA tough water-saving regime and the generosity of farmers have given South Africa's main tourist hub welcome respite from a severe drought and helped push back a dreaded "Day Zero" when Cape Town's taps are expected to run dry.

Read more...

South Africa to raise VAT for first time in 25 years to plug budget hole

South Africa's new President, Cyril Ramaphosa, center, arrives at parliament in Cape Town, South Africa, Friday, Feb. 16, 2018. Photo:Nasief Manie/AP/SIPASouth Africa will increase value added tax (VAT) for the first time in over two decades, the Treasury said on Wednesday, as new President Cyril Ramaphosa's government aims to cut the budget deficit and stabilise debt after years of slow economic growth.

Read more...

South Africa's tourism sector needs to try harder

Beach huts at Muizenberg, Cape Town, where hotel occupancy is relatively high - MATTES René/hemis.fr

Despite its great potential for job creation, South Africa’s tourism sector has been hard hit by short-sighted visa policies and a cash-strapped domestic market

Read more...

South African budget to set out "tough" measures to repair post-Zuma economy

Finance minister Malusi Gigaba, speaks to journalists at the presidential guest house in Pretoria, South Africa, March 31, 2017. Photo: Themba Hadebe/AP/SIPASouth Africa's finance ministry is set to spell out "tough decisions" in its 2018 budget on Wednesday to plug a revenue gap and narrow the deficit, providing an early look at how new President Cyril Ramaphosa plans to repair the ailing economy.

 

 

 

 

Read more...

The next revolutionary movement is sweeping across Southern Africa

 

WIKUS DE WET/AFPThe ruling liberation movements of the Southern African region have stark choices in this confluence of historic moments: reform governance and  fight corruption, or risk losing power and provoking the ire of a new generation of activists

Read more...

Page 9 of 571

Subscriptions Digital EditionSubscriptions PrintEdition

FRONTLINE

NEWS

POLITICS

HEALTH

SPORTS

BUSINESS

SOCIETY

TECHNOLOGY

COLUMNISTS

Music & Film

SOAPBOX

Newsletters

Keep up to date with the latest from our network :

subscribe2

Connect with us