Adani Group CFO Jugeshinder Singh speaks during a press conference in Ahmedabad, India, August 29, 2024. REUTERS/Amit Dave/File Photo 3 minutes A US bribery indictment of Indian billionaire Gautam Adani is linked to one contract of Adani Green Energy that makes up some 10% of its business, and no other firms in the conglomerate are…
Environmental activists protest during the COP29 United Nations climate change conference, in Baku, Azerbaijan 2 minutes The COP29 climate summit presidency released a draft finance deal on Friday that would have developed nations take the lead in providing $250 billion per year by 2035 to help poorer nations – a proposal that drew criticism from…
President Cyril Ramaphosa at the handover ceremony at the G20 Leaders’ Summit in Rio de Janeiro, Federative Republic of Brazil. 2 minutes President Cyril Ramaphosa says South Africa’s Presidency of the G20 also presents opportunities for small businesses and co-operatives. He says the rate of entrepreneurship in the country remains low by continental standards. I…
Compliance inspection conducted as part of Operation Shanela, at a spaza shop in Kimberley, Northern Cape. Nov 2024 2 minutes The African Diaspora Forum (ADF), which represents the interests of foreign nationals in the country, says that its members have met with hostility from community members while trying to register their township spaza shops, in…
An Eskom prepaid electricity meter box and card. 2 minutes Disgruntled residents of Orlando in Soweto have accused Eskom officials of not properly communicating with them on the looming deadline for the upgrade of prepaid electricity meter boxes. The deadline is Sunday and residents with meter boxes that have not been upgraded could find themselves in the dark. Elderly residents say they…
Second phase of government’s operation to retrieve illegal miners from underground in Stilfontein. 2 minutes North West Community Safety MEC Wessels Morweng says this kind of retrieval operation of illegal miners at Stilfontein is the first of its kind to be carried out. The second phase of government’s operation to bring to the surface illegal…
A prepaid electricity meter box. 2 minutes The City of Cape Town says it has completed its prepaid electricity meter updates ahead of Sunday’s deadline. The city’s Member of the Mayoral Committee for Energy, Xanthea Limberg, says all the 500 000 prepaid meters in Cape Town have been updated. Limberg says customers supplied by the…
Some of the gold bearing material discovered at an illegal mining operation in Pongola in KwaZulu-Natal on 21 November 2024. 2 minutes Four suspected illegal miners have been arrested at a mine in Pongola in northern KwaZulu-Natal. The suspects were found in possession of gold-bearing material worth over R3 million and mining equipment. Provincial police…
Reserve Bank Governor Lesetja Kganyago delivers the Monetary Policy Committee Statement in Pretoria on November 21, 2024. 1 minute Reserve Bank Governor Lesetja Kganyago says he is concerned that despite good inflation figures, the country’s business confidence remains low and policy uncertainty elevated. The bank’s Monetary Policy Committee has cut the interest rate by 25…
City Power is on a drive to upgrade prepaid meters. 1 minute Johannesburg’s City Power says over 99% of its vending pre-paid meters have been upgraded. This comes as customers rush to beat the Sunday deadline for meters to be upgraded. City Power says from today its Service Delivery Centres across Johannesburg will remain open…
