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Gwede Mantashe, South Africa’s mineral resources and energy minister, speaks on the opening day of the Investing in African Mining Indaba in Cape Town, South Africa, on Monday, May 9, 2022. Mining executives, investors and government ministers are meeting in Cape Town for the African Mining Indaba, the continents biggest gathering of one of its most vital industries. Photographer: Dwayne Senior/Bloomberg via Getty Images
BLACKOUTS

Put money into South Africa because we have a load-shedding plan, Mantashe says at Mining Indaba

The rolling blackouts are estimated to have cost the country R1 billion a day in 2022, according to the minister

  • Anathi Madubela
3 min read
The Presidential Climate Commission has objected to extending coal-fired power stations beyond their natural lifespan. (Waldo Swiegers/Getty Images)
DEBT

How Eskom’s growing debt will bite consumers

The power utility, already burdened by a debt of R396‑billion, has taken on a R9-billion loan from the World Bank, causing economists to warn of tariff hikes

  • Mandisa Makgakga
6 min read
Saldanha Bay, West Coast, South Africa, Railway trucks carrying iron ore from Sishen to Saldanha Bay terminal on the West Coast of South Africa. (Photo by: Peter Titmuss/UCG/Universal Images Group via Getty Images)
ALAN MUKOKI

Strike sets Transnet back — again

The industrial action is the latest in a series of economy-hitting upsets for the state logistics company

  • Sarah Smit
7 min read