Monique Vanek

The state-owned power utility has asked the National Energy Regulator to approve a 36% price increase for its 2026 financial year, a figure far surpassing the country's inflation rate.

(Bloomberg) -- Uganda's anti-LGBTQ laws that include the death sentence in some cases have cost the nation as much as $1.6 billion since being introduced in May last year, a new study found.

South African pension funds have paid out 21.4 billion rand ($1.2 billion) since new rules that allow savers early access to part of their retirement funds came into effect on Sept. 1, the tax authority said.

South Africa’s government is still considering whether to adopt a new fiscal anchor that will provide a sustainable long-term path for public finances, despite opposition from within the country’s biggest political party.

South Africa plans to create unique identities for its citizens and issue instant visas as it digitizes its economy.

South Africa plans to create unique identities for its citizens and issue instant visas as it digitises its economy.

Johannesburg, South Africa’s economic hub, criticized Eskom Holdings SOC Ltd. for threatening to disrupt power supply to the city for unpaid bills and said it would take legal action to stop it.

Most African central banks weighing interest rates over the next three weeks are set to lower them, wary that the window to ease further may narrow after Donald Trump becomes US president.

Of the 14 monetary authorities due to give rate decisions, eight including South Africa and Kenya are foreseen cutting. By Monique Vanek, Bloomberg

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