News in South Africa 29th March: 1. Moving away from Eskom: The National Energy Regulator of South Africa has awarded a private electricity trading licence for the first time in over 12 years, as the country looks to move away from Eskom’s power monopoly. The license enables Enpower Trading to source competitively-priced, predominantly renewable power […]
News in South Africa 28th March: 1. Costs of living soaring: The costs of the Ukraine war have started to hit closer to home in South Africa. Workers are spending more on transport, food and electricity to make it through the month. Spiralling international oil prices, largely on the back of the Russia-Ukraine conflict, have […]
News in South Africa 9th March: 1. Stage 4 load shedding: Eskom has announced that it will move to stage 4 load shedding at 09h00 on Wednesday (9 March) due to a further breakdown in units. The power utility said stage 4 load shedding will continue until 05h00 on Friday (11 March), thereafter load shedding […]
News in South Africa 8th March: 1. R40 petrol price unfounded: Fears that SA’s petrol price could double to R40/l in the short term are unfounded, but the country can still expect some economic pain as long as the Ukraine crisis continues, say economists. This was in response to media reports which shared comments that […]
News in South Africa 7th March: 1. Crude oil surges over $130: Crude oil prices surged nearly 10% on Sunday evening to top $130 a barrel on fears of a supply crunch. Oil’s relentless price rise comes on the back of fears about a supply crunch after American Secretary of State Antony Blinken told NBC’s “Meet […]
News in South Africa 3rd March: 1. UN condemns Russian invasion: The UN General Assembly on Wednesday overwhelmingly adopted a resolution that “demands” Russia “immediately” withdraw from Ukraine, in a powerful rebuke of Moscow’s invasion by a vast majority of the world’s nations. After more than two days of extraordinary debate which saw the Ukrainian […]
News in South Africa 28th February: 1. SA patching up relations with Russia: South Africa has scrambled to patch up relations with Russia after International Relations and Cooperation Minister Naledi Pandor issued an unusually strong statement calling on Russia to withdraw from Ukraine. President Cyril Ramaphosa was reported by the Sunday Times to be unhappy with the […]
