South Africa

Gold bullion coins known as Krugerrands are pictured in the mint where they are manufactured in Midrand outside Johannesburg © Gold bullion coins, also known as Krugerrands. REUTERS/Siphiwe Sibeko

Midas Touch

Premium badgeSouth Africa: Lexington, Harmony, Mark Creasy bet on shallow Wits gold US junior miner Lexington Gold, Harmony Gold and billionaire Australian explorer Mark Creasy are betting that the remaining potential of the Witwaters...
© REUTERS/Sumaya Hisham

powering gas

Premium badgeSouth Africa: Supreme Court of Appeal to consider Eskom Richards Bay gas case The dispute over Eskom’s proposal to build at 3,000 MW gas-to-power plant at Richards Bay will go to South Africa’s Supreme Court of Appeal (SCA).  
© A container ship is seen as its docked next to cranes at the port of Mombasa, Kenya, October 23, 2019. Picture taken October 23, 2019. REUTERS/Baz Ratner

Digital Logistics

Premium badgeNigerian digital freight forwarder SEND plans Kenya, Uganda, South Africa expansion Nigerian digital freight forwarder SEND is planning to expand to Kenya, Uganda and South Africa this year, CEO Larry Oti tells The Africa Report.
© In this file photo, Russia’s President Vladimir Putin speaks with South African President Cyril Ramaphosa at the 2019 Russia-Africa summit. Sergei Chirikov/Pool via REUTERS

Fraying ties

Premium badgeSouth Africa faces ‘consequences’ over alleged arms sales to Russia South Africa’s support for Russia is increasingly straining bilateral ties with the US.

South Africa top stories

© Eskom technicians perform maintenance in Villiers, South Africa, on May 10, 2023. (Shiraaz MOHAMED / AFP)

Electric shock

Premium badgeSouth Africa prepares for the worst in load shedding It only took one statement to bring South Africa’s Eskom shares into the red. On Thursday, 18 May, Calib Cassim, acting CEO of the publicly-run nation...
© The new mayor of the City of Johannesburg, Kabelo Gwamanda (Twitter)

clown car

Premium badgeSouth Africa: Johannesburg’s circus of eight mayors in two years The circus of eight mayors in the past two years in the South African city of Johannesburg has not only deepened the city’s rot, but reached a crescen...
Sasol in Secunda

AHEAD OF THE CURVE? 

Premium badgeSouth Africa: Sasol debt plans improve long-term sustainability Sasol will not have material debt maturities until 2026 – giving the company breathing room amidst a high interest rates environment, says ratings age...

South Africa top stories

© Eskom technicians perform maintenance in Villiers, South Africa, on May 10, 2023. (Shiraaz MOHAMED / AFP)

Electric shock

Premium badgeSouth Africa prepares for the worst in load shedding It only took one statement to bring South Africa’s Eskom shares into the red. On Thursday, 18 May, Calib Cassim, acting CEO of the publicly-run nation...
© The new mayor of the City of Johannesburg, Kabelo Gwamanda (Twitter)

clown car

Premium badgeSouth Africa: Johannesburg’s circus of eight mayors in two years The circus of eight mayors in the past two years in the South African city of Johannesburg has not only deepened the city’s rot, but reached a crescen...
Sasol in Secunda

AHEAD OF THE CURVE? 

Premium badgeSouth Africa: Sasol debt plans improve long-term sustainability Sasol will not have material debt maturities until 2026 – giving the company breathing room amidst a high interest rates environment, says ratings age...

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© People walk past Eskom’s electricity pylons as they return from work in Orlando, Soweto township, South Africa, July 20, 2020. REUTERS/Siphiwe Sibeko

Race Against Time

Premium badgeExclusive: Standard Bank plans $500m Eskom transmission system financing Standard Bank is planning to provide nearly R10bn ($520m) in new finance to support Eskom’s transmission system, Kenny Fihla, the bank’s CEO for corpo...
© Shane Eagle (photo: @Shane_Eagle)

Defying the odds

South Africa: Shane Eagle is ready to soar once more After placing fourth during the hotly contested first season of Vuzu’s hip hop talent competition, ‘The Hustle’, in 2015 – Shane Eagle took off on per...
© Russian President Vladimir Putin (R)shakes hands with South African President Cyril Ramaphosa during their meeting on the sidelines of the G20 summit in Osaka on June 28, 2019. (Photo by Alexander Zemlianichenko / POOL / AFP)

mystery vessel

US accuses South Africa of covertly providing arms to Russia The US envoy to South Africa on Thursday 11 May accused the country of having covertly provided arms to Russia, a charge that drew an angry rebuke fro...

Big big mistakes

Premium badgeSouth Africa: Who is Markus Jooste, the financier who almost crashed its economy? Markus Jooste, the ex-CEO of Steinhoff International whose alleged financial misdeeds and subsequent resignation in 2017 wiped off $24bn of equity, eq...
© FILE PHOTO: View of South African utility Eskom’s electricity pylons during dawn as frequent power outages implemented by Eskom due to its aging coal-fired plants continue, in Johannesburg, South Africa, February 25, 2023. REUTERS

mini eskom

Premium badgeSouth Africa: Johannesburg’s City Power collapsing, adding to nationwide power woes City Power, the metropolitan utility wholly owned by Johannesburg, is falling into decay, adding to South Africa’s electricity misery caused by Eskom’...
Kenyan soldiers land in the city of Goma, eastern Democratic Republic of Congo on November 12, 2022

new force

Southern African troops to deploy against rebels in east DRC Southern African countries on Monday agreed to deploy forces to help quell violence in the eastern Democratic Republic of Congo, where armed groups ha...