South Africa needs to be an extremely favourable investment destination if it wants to rescue the ailing economy and prevent it from reaching junk status, according to Chris Hart. A downgrade is likely on the cards for South Africa, said Hart, who was embroiled in
Browsing: Chris Hart
In a day in which the penny dropped on racism in South Africa with the Penny Sparrow “monkey” scandal gripping the country, Standard Bank dropped another bomb, announcing the
The money Eskom is hoping to claw back from the National Energy Regulator of South Africa (Nersa), in an effort to plug its revenue shortfalls, could potentially mean as much as a 9% increase in electricity tariffs if it is approved. But the regulator has warned that any increase would be carefully weighed
South Africans can expect a tough two years ahead as the economy feels the pinch of strikes, analysts said on Thursday. “Unless we have sensible heads putting their hands up now, we’re going to see a [downward] spiral for the next few years,” said