The South African Reserve Bank has announced yet another interest rate hike.
eNCA gets the view of Investec's Treasury Economist, Tertia Jacobs.WATCH: Interest rate hike likelyConsumers are already struggling with the ever-increasing cost of living, with many saying they are unable to keep up.
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A 26-year-old South African is teaching the Dutch about African coffee | Business InsiderSouth African Stean Fasol works with East African coffee growers, and uses anaerobic fermentation to give Dutch drinkers an alcoholic flavour in their brew.
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South Africa: Amendment to Finance Bill Welcomed - South African News Briefs - November 23, 2022
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South African companies betting big on private power — including electricity from cow dungSeveral mining companies, retailers, and property developers have already installed significant self-generating power capacity or plan to do so in the coming years.
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Oil Giant Back in South African Court in Seismic Survey BidDespite a massive outcry, oil giant Shell has not given up its hopes of seeking to conduct a seismic survey off the ecologically sensitive Wild Coast. Authorisation granted by the Minister of Mineral Resources and Energy was deemed unlawful by the Makhanda High Court on September 1, 2022. In the latest development, the Gqeberha High Court will hear arguments from both the minister and Shell on why they should be granted leave to appeal the Makhanda court ruling. The initial judgment outlined a number of reasons why the survey could not be conducted, including the fact that local communities whose cultural and subsistence fishing rights would be affected were not consulted in any meaningful way. It also had significant criticism for the Department of Minerals and Energy under Minister Gwede Mantashe and made mention of the implications of the proposed seismic survey for both environmental harm and climate change.
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South African Breakfast Index: mornings are getting a lot rougherBreakfast is becoming a costly affair in South Africa.
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CARMEL RICKARD: Storm is brewing for the South African Weather ServiceThe forecaster is facing a R5m damages claim after it apparently failed to issue a storm warning to ships in Durban harbour in 2017, writes CarmelRickard.
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