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Finance Minister Nhlanhla Nene
Updated 1 hour 53 minutes ago The Cabinet-approved support package for Eskom has reaffirmed that tariff adjustments “remain the key mechanism that will provide the electricity supply industry with a sustainable solution”, but it also included a further allocation of funds – no figure was provided...
Updated 2 hours 34 minutes ago China has extended 26-billion CFA francs ($51-million) in funding to Mali, the West African country said on Friday, as it negotiates a programme with the International Monetary Fund. President Ibrahim Boubacar Keita reached the agreement, which includes a gift of...
Updated 2 hours 40 minutes ago Tanzania signed a $565-million deal on Friday with the World Bank and other development partners to expand its main port of Dar es Salaam, part of plans to boost the east African nation's role as a regional trade hub. Tanzania wants to lift capacity to 28-million...
Updated 2 hours 47 minutes ago The global fund management industry is a potential source of risk for emerging markets because of its vast size and herd-like investor behaviour that can exacerbate asset price fluctuations, a Bank for International Settlements (BIS) report said on Sunday. In its...
Updated 2 hours 59 minutes ago Egypt said on Sunday it expected to receive around $425-million in funding from the Islamic Development Bank to develop an oil refinery in Assiut and an airport in the Red Sea resort of Sharm el-Sheikh. The first agreement is for $198-million earmarked for the...
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