Africa Africa’s green bond market is booming – report By Bonface Orucho, bird story agency Green bonds are experiencing robust growth in Africa as governments, corporations, and financial institutions recognize their potential to fund sustainable projects. A new report shows green bond issuances in Africa jumped 125% last year, hitting US$1.4 billion from US$600 million in 2022. The report, ‘Emerging Market Green Bonds’ by the International Finance Corporation and Amundi, a European asset manager […] todayJune 3, 2024 22
insert_link South Africa Research Shows Load-Shedding Negatively Affects Employment and Earnings in South Africa Load-shedding has negative labour market effects on employment, working hours, and monthly earnings. This is according to research conducted by the University of Cape Town under the South Africa Towards Inclusive Development programme. On average, load-shedding periods were associated with a 2.6-percent lower chance of being employed, 1.3-percent fewer working hours per week, and 1.7-percent lower real monthly earnings. UCT’s Tim Köhler says from a policymaking perspective, the primary […] todayMay 31, 2024 33
insert_link South Africa Preliminary results show the ANC was leading with 41.94-percent Preliminary results from the Electoral Commission showed the ANC was leading with 41.94-percent after 61.16-percent of the votes were processed. The DA followed with 22.97-percent while the MK Party was on 11.66-percent. The EFF and the IFP are among the top five nationally, with 9.52- and 2.85-percent respectively. todayMay 31, 2024 17
insert_link Namibia The ANC remains in the lead nationally at 41.92-percent With just over 57-percent of the votes counted, the ANC remains in the lead nationally at 41.92-percent. The DA is currently second at 23.34-percent and the MK Party at 11.31-percent. In Gauteng, the ANC leads with 33.57-percent followed by the DA at 29.31-percent and the EFF at 12.55-percent. In the hotly contested KwaZulu-Natal, MK is at 43.95-percent, the ANC second with 18.98-percent and the IFP at 15.42-percent. In the Western […] todayMay 31, 2024 28
insert_link South Africa S.Africa set for political shake-up after historic vote By Umberto BACCHI Johannesburg, May 31, 2024 (AFP) - South Africa's ruling ANC was on track to score its worst electoral result ever on Friday, with early tallies showing voters deserted the party in droves, ending its 30-year political dominance. If the African National Congress (ANC) is confirmed as dropping below 50 percent of the vote, it would force the party to seek coalition partners to […] todayMay 31, 2024 8
insert_link South Africa Power cuts have hit South Africa’s labour market hard: the biggest toll has been on jobs – new research By Haroon Bhorat, University of Cape Town and Timothy Köhler Access to electricity – measured by the share of individuals who use electricity as their main energy source – has significantly improved in lower-income countries in recent decades. Thanks to large-scale rural electrification and infrastructure development programmes, 90% of the population in these countries had access by 2021, up from about 74% at the turn […] todayMay 30, 2024 23
insert_link South Africa South Africans Queue for Landmark Election, ANC Faces Potential Loss of Majority South African voters queued -- many of them for hours -- to cast their ballots yesterday in a landmark general election that has left the ruling ANC fighting to protect its three-decade-long exclusive grip on power. More than 27 million voters are registered for the most uncertain poll since the African National Congress (ANC) led the nation out of apartheid rule, but with voting delayed in many districts, […] todayMay 30, 2024 44
insert_link South Africa Mashatile proud of SA’s peaceful democratic election Deputy president Paul Mashatile says South Africans should be proud of participating in the democratic election process. After vot-ing in Sandton, Johannesburg, Mashatile called on voters to come out and vote for their preferred party in this historic event. He wel-comed the largely peaceful process and said everyone has a demo-cratic right to cast their ballot. He also welcomed the enhancement of security: todayMay 30, 2024 16
insert_link South Africa ActionSA leader calls on all South Africans to vote for change to restore rule of law ActionSA leader Herman Mashaba is calling on all South Africans to come out in numbers and vote for change that will improve the lives of people, restore the rule of law and create millions of new jobs. Mashaba says unless South Africans are brave enough to vote for a credible alternative today, they will be stuck with the same old leaders. todayMay 29, 2024 21