Searcher Seismic is planning a survey looking for oil offshore South Africa, months after it called off an earlier search due to a court challenge.
South Africa’s beleaguered power utility may need to raise R45 billion of debt this year to refinance upcoming obligations, purchase diesel and pay inflation-beating salaries to workers, according to S&P Global Ratings.
Hyundai Motor unveiled a sedan version of its cult electric vehicle Thursday, with an interior that can beam different colors depending on the speed of the car, as the automaker continues its ambitious EV push with an eye on challenging…
South Africa is set to tackle “mafia” groups that have compromised power utility Eskom Holding’s operations and contributed to nationwide blackouts, Public Enterprises minister Pravin Gordhan said.
South Africa’s minister in charge of embattled state-owned companies gave an impassioned defense of the sale of a majority stake in the national carrier for about $3 (R51) - a deal that’s subject to a lawsuit from one of the…
Alphabet Inc’s Google is planning to slow hiring for the rest of the year, in line with other tech giants who have either made similar decisions or announced job cuts.
South Africa’s labour minister said he’ll oppose any move to privatize the beleaguered power utility Eskom Holdings, as it struggles to generate power, avoid outages and repay $23 billion of debt.
South Africa’s labour minister said he’ll oppose any move to privatize the beleaguered power utility Eskom Holdings, as it struggles to generate power, avoid outages and repay $23 billion of debt.
South Africa’s labour minister said he’ll oppose any move to privatize the beleaguered power utility Eskom Holdings, as it struggles to generate power, avoid outages and repay $23 billion of debt.
South African labour minister Thulas Nxesi wants to add as many as 2 million new jobs before the next elections as the nation grapples with one of the highest unemployment rates in the world.