9 d. ago South Africa’s Eskom Eyes Green Power as Its Energy Sales Drop

South African state power utility Eskom Holdings SOC Ltd. has stabilized the electricity grid after years of outages and is turning to green energy to counter falling sales, according to Chief Executive Officer Dan Marokane.

Other

1 week ago Sanlam Touts ‘Significant’ South Africa Banking Play by 2026

Sanlam Ltd. plans to offer banking services to its South African clients from next year as it seeks to grow revenue and gain a foothold in a thriving credit market.

Other

1 week ago South African man found in ‘pool of blood’ after surviving hyena attack

Nicolas Hohls is lucky to be alive. The 27-year-old South African man explained how he survived an attack by two hyenas while staying at a nature reserve to attend a bachelor party last weekend. “One went for my leg and the other for my face and head,” Hohls told People of the Saturday attack. “I […]

Events

1 week ago New Zealand to allow some wealthy foreign investors onto property market

WELLINGTON, New Zealand (AP) — New Zealand will relax a ban on foreigners buying homes in the country to allow some wealthy overseas business investors to buy a single high-value residential property, Prime Minister Christopher Luxon said Monday. The move partially reverses a ban introduced in 2018 by previous government to cool a runaway housing […]

Other

2 w. ago Harmony Shares Drop as South African Gold Miner Warns on Costs

Harmony Gold Mining Co. shares dropped after the largest producer of South African gold warned of rising costs, even as record bullion prices pushed up profit.

Economics

3 w. ago South African Bonds Lure Foreign Investors With Top EM Returns

Foreign investors are flooding into South Africa’s government bond market to take advantage of one of the best emerging-market trades of recent years.

Economics