insert_link South Africa Ramokgopa Calls for Urgent Action on Johannesburg’s Energy Crisis South Africa's Minister of Electricity and Energy, Kgosientsho Ramokgopa, has called for urgent action to tackle Johannesburg's growing energy crisis and financial issues. In talks with mayor Dada Morero, he highlighted problems like declining municipal revenues, the rising 6.3-billion-rand Eskom debt, and billing disputes between City Power and Eskom. Addressing the media, Ramokgopa said it was crucial to resolve these issues internally before seeking court intervention: today12 November, 2024
insert_link Business / Economics S.A Union Welcomes Inflation Drop, Urging Reserve Bank to Lower Repo Rate S.A Union federation Cosatu has welcomed the drop in consumer inflation from 4.4-to 3.8-percent, saying it offers relief to struggling workers. Spokesperson Matthew Parks is urging the South African Reserve Bank to reduce the repo rate by at least 50 basis points to ease debt burdens. He also calls for government intervention to stabilise Eskom and reduce fuel prices: today24 October, 2024
