South Africa: Load-shedding pause not an election ploy, says electricity minister

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Dr Kgosientsho Ramokgopa dismisses ANC critics, saying the country’s energy reforms initiated in 2022 are starting to bear fruit and rolling power cuts will end within two to five years.

South Africa’s minister of electricity, Dr Kgosientsho Ramokgopa has dispelled criticism that the pause in rolling power blackouts, referred to as load shedding, by the country’s state-owned power utility Eskom for close to 40 consecutive days is an election ploy by the governing party – theKenya Airways, Nation Media among listed firms with profit warning

Twelve firms listed on the Nairobi Securities Exchange, including Nation Media Group and Kenya Airways, have issued profit warnings due to increased o...US-Africa business summit: Eight things to watch this week The annual US-Africa Business Summit returns to Dallas in the United States this year, after back-to-back gatherings in Morocco and Botswana. Here are...Foreign investors in Nigeria may be left exposed to a weakening naira following a move by the Central Bank to bar commercial lenders from accepting fo...

 

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