# Eskom has received regulatory approval to launch its renewable energy business, Eskom Green, and raise funding. CEO Dan Marokane calls it an important milestone in the further implementation of their strategy in the areas of unbundling, delivering utility-scale renewable energy capacity, and reducing carbon emissions and other air pollutants. He adds Eskom Green is targeting […]
# President Donald Trump het die Amerikaanse Handelsverteenwoordiger, Jamieson Greer, gelas om ‘n heffing van 25-persent op die meeste invoere uit Brasilië in te stel weens beweerde onregverdige handelspraktyke. Dit tree Woensdag in werking. Verskeie produkte soos beesvleis, koffie, farmaseutiese produkte en sekere grondstowwe word vrygestel. Greer sê ‘n ondersoek toon Brasilië se beleid benadeel […]
# Die EFF het die voorsitter van die Parlement se staande komitee oor Finansies, Joseph Maswangwanyi, gevra vir ‘n dringende vergadering oor die bestuurskrisis in die Openbare Beleggingskorporasie. Uitvoerende hoof, Patrick Dlamini, is voorlopig geskors ná ‘n verklikker se bewerings van onbehoorlikheid, terwyl twee raadslede bedank het. Die Gedragsowerheid vir die Finansiële Sektor het intussen […]
# A subsidiary of the Standard Bank Group, Standard Lesotho Bank, has become the first bank in Lesotho to launch China’s Cross-Border Interbank Payment System. The platform enables faster, more efficient cross-border payments in Chinese renminbi, reducing costs and settlement times for businesses trading with China. The bank says the move will strengthen trade links, […]
# The EFF has asked the chairperson of Parliament’s standing committee on Finance, Joseph Maswangwanyi, for an urgent meeting regarding the governance crisis at the Public Investment Corporation. CEO Patrick Dlamini was provisionally suspended following allegations of impropriety contained in a whistleblower report, while two board members resigned. The Financial Sector Conduct Authority has meanwhile […]
# Herotel has announced a partnership with Amazon Leo to launch satellite internet services in South Africa from 2027. Herotel managed to beat Elon Musk’s rival Starlink service to the local market by outmanoeuvring it on local regulatory compliance. The new service, branded Evry, will use Amazon’s low-Earth orbit satellite network to connect homes and […]
# President Donald Trump has directed the US Trade Representative, Jamieson Greer, to impose a 25-percent tariff on most Brazilian imports, citing ‘unfair’ trade practices. The tariffs will go into effect next Wednesday, with key products including beef, coffee, pharmaceuticals and certain raw materials being exempt. Greer says their investigation concluded Brazilian policies harm the […]
# Die raad van die Openbare Beleggingskorporasie het die Gedragsowerheid vir die Finansiële Sektor se ondersoek verwelkom nadat ‘n verklikker beweerde onetiese praktyke uitgelig het. Die owerheid is bekommerd oor die onlangse verwikkelinge in die OBK, veral dié van bestuur en leierskaps-bestendigheid. Dit volg op die voorlopige skorsing van bestuurshoof Patrick Dlamini na bewerings van […]
# The Public Investment Corporation board has welcomed the Financial Sector Conduct Authority’s investigation following a whistleblower report alleging unethical practices within the organisation. The FSCA has expressed concern about recent developments at the PIC, particularly those relating to governance and leadership stability. This follows the precautionary suspension of CEO Patrick Dlamini over allegations of […]
