South Africa signed a $1.5bn World Bank Development Policy Loan to support electricity, freight and water reforms. The loan carries a SOFR-linked rate and 15-year term.
Eskom has cleared six provinces of scheduled load reduction, but Gauteng remains among three provinces still affected. The power utility said about 1 190 902 customers...
Oil markets are sending mixed signals after a volatile series of price moves that exposed a growing disconnect between crude supplies and the capacity to turn...
Iran’s Revolutionary Guards announced on Wednesday that the Strait of Hormuz will remain closed until the United States ends its “acts of aggression,” and warned that...
Eskom has removed 1 104 225 customers from load reduction schedules, the utility said on 9 July 2026, marking what it described as a major milestone...
South African motorists could see further relief at the pumps in August if international oil prices remain at current levels for the rest of July, according...
South African motorists can expect lower petrol and diesel prices from Wednesday, 1 July, but the return of much of the government’s temporary fuel tax relief...
Johannesburg residents are now routinely spending around 14 hours without electricity, as a century‑old network strained by ageing equipment, theft and vandalism struggles to keep the...
South Africans are experiencing far fewer power cuts, but many households and businesses are seeing higher electricity bills after recent regulator-approved tariff increases. Fewer blackouts, higher...
The average Johannesburg resident waits 14 hours for power restoration and households can lose nearly R2,000 worth of food during extended outages, according to reporting by...