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.
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.
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.
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
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.
* Regulator accepts SAA Technical's recovery plan
(Adds SAA comment, detail, context)
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.
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.
* Power cuts enter third day on Friday
(Adds Eskom spokeswoman, energy official)
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.