President Cyril Ramaphosa on Sunday night declared a “national state of disaster” and announced sweeping interventions, including closing schools, to stem the spread of the novel coronavirus.
Browsing: Cyril Ramaphosa
The Competition Commission instructed mobile operators to adjust their pricing in a bid to reduce digital inequality in the country. This is likely to have mixed outcomes. By Alison Gillwald.
President Cyril Ramaphosa said his administration’s drive to turn the economy around will be protracted and is being frustrated by the rapid spread of the coronavirus.
Cosatu expects a plan that it’s proposing to save Eskom from its debt burden to be ready within weeks, said the labour federation’s parliamentary coordinator.
Sentiment in South Africa’s manufacturing industry fell to the lowest level in more than a decade in February as the prospect of continued power cuts weighed on confidence.
Finance minister Tito Mboweni’s budget this week is unlikely to convince Moody’s Investors Service that he has a credible plan to rein in government debt.
South Africa must make progress on structural reforms before banks like Goldman Sachs Group can help draw foreign capital to the country.
South Africa’s Energy War Room, a grouping of the main cabinet ministers responsible for the power industry, will meet for the first time this week since being reconstituted by President Cyril Ramaphosa in December.
President Cyril Ramaphosa’s plans to overhaul the energy industry have some way to go before they provide answers to the nation’s crippling power shortages.
President Cyril Ramaphosa announced sweeping changes to the nation’s electricity industry to address energy shortages and reduce reliance on debt-stricken state power utility Eskom.