Russians develop a taste for South African wine

A glass of wine. Dozens of Russian winemakers have gathered in Moscow to swirl, sip and savour the drink. The aim is not to sell bottles but build bridges. This inaugural BRICS Wine Forum brings together an international gathering of wine enthusiasts. The goal is to help each other’s markets and wineries flourish and grow,…

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S&P Global upgrades SA’s long-term foreign currency rating to ‘BB’

The S&P Global logo is displayed on its offices in the financial district in New York City. S&P Global on Friday upgraded South Africa‘s foreign currency long-term sovereign credit rating to “BB” from “BB-“, citing stronger growth prospects, an improving fiscal outlook and lower contingent liabilities following performance improvements at the state-owned electricity utility, Eskom….

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Future nuclear builds to boost SA Eskom system: Ramokgopa

This morning Minister Dr. Kgosientsho Ramokgopa briefed the media regarding significant updates on key developments in South Africa’s Nuclear Energy Program. The Minister of Electricity and Energy, Kgosientsho Ramokgopa, has announced that Eskom plans to add 5.2 gigawatts of new nuclear capacity to the national system through future nuclear builds. This is part of a…

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