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Updated 15 minutes ago South Africa's trade surplus widened to R5.80-billion ($457-million) in June from a revised R4.94-billion in May, the national revenue agency said on Friday. Exports increased by 1.6% to R90.3-billion, while imports were up 0.7% to R84.5-billion on a month-on-month...
Updated 17 minutes ago The retail price of petrol in South Africa will decrease by 3.7% from August 5, while wholesale diesel will decrease 6.5%, the energy department said on Friday. In a statement, the department said petrol would cost R13.26 ($1.05) in the commercial hub of Gauteng...
Updated 2 hours 55 minutes ago A “record” $700-million in guarantees has been secured from the World Bank for Ghana’s Sankofa gas project to advance the West African nation’s energy transformation. The World Bank approved a $500-million International Development Association payment guarantee to...
Updated 3 hours ago More than 10% of South Africans “live in extreme poverty” on less than R16 a day‚ according to an Oxfam report to be released on Friday. “South Africa faces the triple challenge of poverty‚ inequality and unemployment‚” the Oxfam report said.
Updated 3 hours ago Cabinet ministers are reviewing their decision to grant Eskom the ownership and operational rights of the proposed nuclear build programme, said the energy department's Deputy Director General Zizamele Mbambo. Mbambo, addressing a  seminar on South Africa’s nuclear...
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