Edition:
United Kingdom

Alexander Winning

African Development Bank decides not to fund Kenya coal project

13 Nov 2019

JOHANNESBURG The African Development Bank (AfDB) will not fund a coal-fired power plant project in Kenya and has no plans to finance new coal plants in future, senior AfDB officials told Reuters.

South Africa's Ramaphosa cheers $24 billion more for investment drive

06 Nov 2019

JOHANNESBURG South African President Cyril Ramaphosa secured around 360 billion rand ($24 billion) of investment pledges from businesses on Wednesday, saying these would spur economic growth and reduce unemployment.

Moody's leaves South Africa teetering on brink of 'junk'

01 Nov 2019

JOHANNESBURG/LONDON Moody's left South Africa on the brink of "junk" status on Friday after it revised the outlook on the country's last investment-grade credit rating to "negative," piling pressure on President Cyril Ramaphosa to quicken the pace of reform.

South Africa plans sweeping power sector reform as Eskom struggles

29 Oct 2019

PRETORIA South Africa plans a sweeping overhaul of its power sector by breaking up loss-making state utility Eskom over the next three years and opening the industry up to more competition, a long-awaited government paper showed on Tuesday. | Video

Forty of 46 grounded South African planes back in air

24 Oct 2019

JOHANNESBURG Forty of the 46 airplanes grounded this week owing to faults found at the maintenance unit of state-owned South African Airways (SAA) have been returned to service, the head of South Africa's aviation regulator said on Thursday.

UPDATE 2-Forty of 46 grounded South African planes back in air

24 Oct 2019

* Regulator accepts SAA Technical's recovery plan (Adds SAA comment, detail, context)

South African airlines ground flights after faults found at SAA maintenance unit

22 Oct 2019

JOHANNESBURG South African Airways (SAA) and other carriers grounded aircraft and canceled domestic flights on Tuesday after South Africa's aviation regulator instructed the loss-making state airline to address problems at its maintenance unit.

South African power generation plan keeps coal in the mix

18 Oct 2019

PRETORIA South Africa's plans to boost electricity generation over the next decade will be a mix of renewable energy and coal power, Energy Minister Gwede Mantashe said on Friday, as nationwide power cuts entered a third day.

UPDATE 4-South African power generation plan keeps coal in the mix

18 Oct 2019

* Power cuts enter third day on Friday (Adds Eskom spokeswoman, energy official)

Eyeing economic growth, South Africa seeks to renegotiate old renewables projects

17 Oct 2019

JOHANNESBURG South Africa has started discussions with power producers to try to get cheaper electricity from some older renewable energy projects and give the economy a boost, several participants in the talks say.

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