The energy minister’s reluctance to fast-track renewable power projects could prolong the electricity shortages, which have caused the economy to stagnate and sapped investor confidence.
Author: Agency Staff
Eskom, South Africa’s biggest polluter, said it will slash emissions of three major pollutants by 2035 while it asks for exemptions to incoming standards to avoid as much as R37-billion in expenditure.
Whether a planned reduction in rewards for mining bitcoin will boost prices or it’s already factored in is dominating discussions across mediums from Twitter to analyst reports.
There is a high likelihood that Eskom will implement stage-2 load shedding on Wednesday evening to replenish water resources for its pumped storage schemes and to minimise the use of diesel.
Bitcoin climbed to the highest since November after breaching the $8 000 price level. Concerns about an escalation in the conflict between the US and Iran are seen as contributing to the rally.
Orange, France’s biggest phone company, has picked BNP Paribas and Morgan Stanley to advise on a proposed initial public offering of its Middle East and Africa business, sources say.
South Africa’s school pass rate rose for a fourth consecutive year to the highest since the end of apartheid. Yet the quality of South Africa’s education system continues to lag.
How Huawei survived the US blacklisting could prove a case study in unintended consequences and a vast shift underway in global IT production.
After shedding 8% of their workforce last year, Zimbabwean banks may cut more jobs in 2020 as the economy shrivels and the sector increasingly shifts away from cash and toward digital services.
Apple’s price target was raised to $350 from $280 at Needham, which wrote that the iPhone maker had a number of tailwinds in 2020 that could help it extend last year’s strong rally.