Mahikeng Airport terminal in North West (2016). 2 minutes Public logistics infrastructure in the North West is in a critical state, says Consulting Engineers South Africa (CESA). According to CESA, functional transportation systems including much-needed upgrades to roads, railways and airports are needed to position the agriculture and mining-dependent province as an import and export…
Nigerian money 1 minute Nigeria will establish a national credit guarantee company in May to lend to businesses and individuals, President Bola Tinubu said in an speech on Wednesday. Tinubu, who took office in May 2023, campaigned on economic reforms including expanding credit access to boost economic growth. “To achieve this, the federal government will…
Shaft 11 of a disused mine at Stilfontein. 2 minutes North West police say more illegal miners are continuing to emerge from underground at different disused shafts in Stilfontein. Government says it needs R7.8 million to bring all the illegal miners to the surface. Several illegal miners have been arrested so far. Spokesperson Adele Myburgh says officers have arrested 12 of them since Monday….
South African rands. 1 minute The rand has begun the new year on a slightly higher note, after a turbulent close to 2024. Trade in the local currency was erratic in November and December last year. This after Donald Trump’s re-election as President of the United States of America, due to a more hawkish view…
Person stands next to a MTN sign 1 minute MTN Uganda, the east African country’s largest telecoms company, said on Tuesday it had secured a 370 billion shilling ($100 million) syndicated loan to help fund network expansion. The firm, which boasts a mobile subscription of about 21 million people, is a local unit of South…
File image: Koeberg Nuclear Power Station in Cape Town. 1 minute Eskom has successfully synchronised Unit 2 of the Koeberg Nuclear Power Station in Cape Town to the national grid. This follows a maintenance programme which will increase the unit’s lifespan by 20 years. The power utility says in a statement that the unit will…
Bull statues are placed in font of screens showing the Hang Seng stock index and stock prices outside Exchange Square, in Hong Kong, China, August 18, 2023. 2 minutes Chinese stocks dipped on Tuesday, the final trading day of 2024, but were on track for their first annual gain following an unprecedented three-year decline, while…
Eskom and law enforcement clamp down on a large-scale illegal electricity connection operation in Leeupoort near Fochville in Gauteng on 04 December 2024. 1 minute Power utility Eskom says it has been disconnecting and fining non-compliant electricity users and community members who have illegal connections. This follows the utility’s recoding process for pre-paid meter users…
File image: Electricity pylons. 1 minute President Cyril Ramaphosa says the country is making a significant progress in addressing the energy crisis it faced in the recent past. In his New Year message, he described 2024 as a year of change and progress. Power utility, Eskom has made strides in stabilising the electricity grid as…
A worker fills a car at a Shell fuel station in Johannesburg, South Africa. 1 minute Motorists will have to pay a bit more for fuel at the pumps in the New Year, following increases in January. Fuel prices are set to increase from 1 January next year. The Department of Mineral and Petroleum Resources…
