S. African rand steady in early trading
The South African rand remained stable in early trading on Tuesday at 18.90 against the U.S. dollar, compared to…
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South Africa
China, Indonesia to cut nickel output amid price slump
China and Indonesia plan to cut their nickel production this year in an effort to minimize losses after the price…
South Africa’s PGM overhaul: 4K-7K jobs at risk
The Minerals Council of South Africa said on Monday that the reorganisation of the country’s platinum group metals…
BRICS expands: Egypt and 4 more countries to join as of January 1
The BRICS group is doubling its membership on January 1, as the UAE, Saudi Arabia, Egypt, Iran, and Ethiopia will…
Shell Egypt appoints Dalia El Gabry as new VP, country chair
Shell plc appointed Dalia El Gabry as the new Vice President and Country Chair for Shell Egypt, effective from…
COP28 in overtime as negotiators push for phase out deal
The COP28 was rapidly approaching an extended schedule on Tuesday as negotiators anticipated a new draft agreement…
AfDB provides $1 bln loan to South Africa’s energy transition
The African Development Bank (AFDB) Group’s Board has agreed on Saturday to a $1 billion guarantee programme with…
South Africa to produce its first electric car by 2026
South Africa's Trade Minister, Ibrahim Patel, announced on Monday that South Africa's auto industry will likely…
Algeria to host fourth edition of Intra-African Trade Fair in 2025
Algeria has been selected to host the fourth Intra-African Trade Fair (IATF 2025), Olusegun Obasanjo, Chairman of…
South Africa could raise $60bn for green energy transition
South Africa might be able to collect roughly 1.13 trillion rand ($60 billion) over the next five years to finance…
