Receive free Climate change updates We’ll send you a myFT Daily Digest email rounding up the latest Climate change news every morning. African leaders have proposed a global carbon tax where major polluters pay more to help poor nations finance the roll out of green energy systems and prepare for the damaging effects of climate … Read More “African leaders back global carbon tax to pay for green energy in poorer nations” »
Receive free Vedanta Resources PLC updates We’ll send you a myFT Daily Digest email rounding up the latest Vedanta Resources PLC news every morning. Vedanta will take back ownership of a key Zambian copper mine four years after Africa’s second-largest producer kicked the Indian group out of the operation, as the country seeks to revive … Read More “Vedanta to take back ownership of Zambian copper mine” »
Load shedding, floods in KwaZulu-Natal, rising inflation, and a stronger Dollar have all played their part in pushing the Rand back above R16.00 versus the Dollar in recent sessions The rand held its ground against the dollar in afternoon trade on Tuesday (3 May), having given up 3.6% over last week, trading at R15.99 relative … Read More “Rand to the rescue” »
Receive free South African economy updates We’ll send you a myFT Daily Digest email rounding up the latest South African economy news every morning. President Cyril Ramaphosa’s bid to fix the broken Eskom power monopoly is in disarray after the South African government on Wednesday abruptly terminated a state of disaster over the country’s rolling … Read More “South Africa backtracks on Eskom state of disaster” »
When Roesdien Hendricks warns that his community in the heart of Johannesburg is about to explode because of illegal gold miners who scare away the police, strip power cables and divert water supplies, he is not exaggerating. As “Zama-zamas” blow up a historic gold reef that was at the core of nearly 140 years of … Read More “‘Everything is being stripped and stolen’: South Africa’s run-down city of gold” »
Receive free South Africa updates We’ll send you a myFT Daily Digest email rounding up the latest South Africa news every morning. More than $15bn worth of exports that sustain a critical part of South Africa’s manufacturing industry is on the line as Pretoria battles the fallout from a US accusation that it covertly supplied … Read More “South Africa’s flirtation with Moscow risks billions of dollars in US exports” »
Two of Europe’s biggest energy companies are stepping up efforts to open a potentially giant oilfield off the coast of Namibia in one of the clearest signs the industry is pursuing new fossil fuel resources. UK-based Shell, which has drilled four exploration wells in the Atlantic Ocean off Namibia’s southern coast since 2021, received approval … Read More “Could Namibia be the next oil frontier?” »
Minuscule traces of uranium have been found in the outer shells of turtles and tortoises, providing a new way of tracking radioactive contamination over time. Turtles and tortoises have been found to store decades-long records of exposure to radioactive contamination on their backs. A team of scientists at the Pacific Northwest National Laboratory used a … Read More “Turtle shells hold clues on nuclear contamination, researchers find” »
Mastercard has collaborated with the Zanzibar e-Government Agency (eGAZ) to support and accelerate its ambitious digital transformation journey. This will allow different sectors across the Zanzibar islands, including tourism, to digitize payments which will significantly contribute to robust economic growth. The signing of the Memorandum of Understanding took place at the launch of the Zanzibar Digital … Read More “Mastercard and Zanzibar e-Government Agency partner to accelerate digital transformation across the islands” »
Vivo Smartphone, a global leading technology company with 20% of the smartphone market share in China (ranked first), has recently introduced its stunning new model, vivo Y36, onto the South African market – and it’s a cracker. The new phone is set to turn some heads with an eye-catching design, a camera system that redefines … Read More “Vivo’s Eye-Catching New Y36: Not Just a Pretty Face – IT News Africa” »
