South Africa’s bilateral cooperation with the US has continued uninterrupted, despite American allegations that Pretoria supplied weapons to Russia, its Deputy Finance Minister David Masondo said.
South Africa is considering extending the lives of some of its biggest coal-fired power plants as the government seeks to bolster the country’s long-term energy security amid a deepening crisis.
South Africa’s central bank is reluctant to pivot away from policy tightening after raising its benchmark interest rate into restrictive territory amid rand weakness and government missteps that continue to fuel inflation.