Nedbank economists expect July inflation numbers to hit higher at 7.7% next week - but the bank believes this will likely be the peak, with prices more subdued thereafter.
South Africa expects TotalEnergies SE to submit a production plan within weeks to utilize a prolific offshore gas discovery that will form a key part of increasing investment in the sector.
In July, renewable energy group Enel Green Power (EGP) connected its 147 MW Soetwater Wind Farm to the national grid, having achieved commercial operation.
The Department of Justice and Correctional Services has implemented new regulatory amendments that increase the age of criminal capacity in South Africa.
The National Treasury is expected to spend over R812 billion on public sector infrastructure over the next three years, says finance minister Enoch Gondongwana.
President Cyril Ramaphosa has signed the Local Government: Municipal Systems Amendment Bill into law, barring municipal workers and senior managers from holding political office in South Africa.
Standard Bank Group, South Africa's biggest bank when measuring capital said Friday that it delivered record headline earnings of R15.3 billion for the six months to 30 June 2022, up 33% from the prior period, spurred by franchise growth.
Eastern Cape is in a deep healthcare crisis; Treasury talks up more infrastructure investment; Godongwana's future at the finance department in question; and the ANC draws a line in the sand over suspended members.
South African finance minister Enoch Godongwana plans to continue exercising his duties after the police informed him that a criminal complaint of sexual assault has been made against him.
The historic heat wave that’s smothered western Europe this summer has caused transportation chaos. Railroad tracks warped, airport runways failed and key roads buckled.
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