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South African Budget does not raise any new taxes

South African Budget does not raise any new taxes

Commitments made at the 2018 and 2019 Investment Summits haven't been factored into the GDP growth forecasts.

South African Energy Minister allows mines to self-generate electricity

South African Energy Minister allows mines to self-generate electricity

The official opposition said the government could easily solve the electricity crisis by removing regulatory hurdles.

Chinese demand key uncertainty for seaborne coal market in 2020

Chinese demand key uncertainty for seaborne coal market in 2020

Chinese traders will hold back from buying as they wait for the economic impact of the coronavirus to stabilize.

South African citrus export volumes to jump in 2020

South African citrus export volumes to jump in 2020

South Africa’s share in the top six citrus exporting countries more than doubled between 2001 and 2017.

Renewable energy a key focus area for the BRICS Bank

Renewable energy a key focus area for the BRICS Bank

The NDB will also make an investment of up to $100 million in the Patria Infrastructure Fund IV, L.P. in Brazil.

Eskom crisis could result in elimination of regulatory hurdles

Eskom crisis could result in elimination of regulatory hurdles

Eskom instituted an unprecedented Stage 6 loadshedding schedule on Monday   State-owned electricity utility Eskom had to institute a Stage 6 loadshedding schedule, which meant that they were short 6 000

BRICS New Development Bank moves into technical assistance

BRICS New Development Bank moves into technical assistance

The NDB will provide a loan of $225 million to India for the Indore Metro Rail Project.

BRICS New Development Bank registers Russian ruble bond programme

BRICS New Development Bank registers Russian ruble bond programme

By the end of 2018, the total loan book of the bank was 30 projects worth approximately $8 billion.

African Investment Forum success due to ‘hard work’ 

African Investment Forum success due to ‘hard work’ 

The AIF had 2,221 participants who came from 109 countries, 48 from Africa and 61 from outside of Africa.

African Development Bank notes improvement in African Visa Openness

African Development Bank notes improvement in African Visa Openness

Today, African travelers no longer need a visa to travel to a quarter of other African countries.

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