Ramaphosa backs Eskom restructuring plan for competitive power market
President Cyril Ramaphosa endorsed the first report of the Eskom Restructuring Task Team, and with it provided the clearest vision yet for the independent transmission system operator (ITSO). I welcome that endorsement unreservedly.
South Africa loses top spot in Africa
South Africa has lost the top spot in Standard Bank’s Africa Trade Barometer to Mozambique, with the country no longer enjoying a clear edge over its African peers.
South African businesses reel from foreign worker exodus
Many Zimbabweans, which accounted for the largest share of those returning, worked in South Africa’s farming, domestic work and construction sectors.
Ramaphosa sends a warning about the national shutdown
South African President Cyril Ramaphosa said the government won’t allow anyone to destabilise the country, following a series of xenophobic attacks and anti-immigrant demonstrations.
Ramaphosa taps former treasury budget chief as economic advisor
South African President Cyril Ramaphosa has appointed former National Treasury budget chief Michael Sachs as his economic advisor, bringing a respected fiscal policy technocrat back into the government as the country seeks to accelerate growth and deepen economic reforms.
Another South African billionaire linked to presidency
As South Africa’s political succession debate intensifies ahead of President Cyril Ramaphosa’s expected exit in 2029, billionaire businessman Tokyo Sexwale is increasingly being linked to conversations about the country’s future leadership and political direction.
US, SA move to reset ties amid diplomatic tensions
South Africa and the United States have taken a cautious step towards rebuilding strained relations, as President Cyril Ramaphosa formally received the credentials of the new US Ambassador, Leo Brent Bozell, in Pretoria.