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United Kingdom

Alexander Winning

No end in sight for South African power cuts

4:34pm GMT

JOHANNESBURG South Africa's Public Enterprises Minister Pravin Gordhan could not say on Tuesday when severe electricity cuts would end, as state utility Eskom suffered a sixth day of capacity constraints which could thwart efforts to boost economic growth. | Video

UPDATE 2-No end in sight for South African power cuts

2:13pm GMT

* Cyclone also cut off Mozambique power imports (Writes through with new detail, context)

Zuma-era officials feature on South Africa's ANC election list

15 Mar 2019

JOHANNESBURG South Africa's governing African National Congress (ANC) has included two prominent politicians linked to corruption under former President Jacob Zuma in its list of candidates for parliament ahead of an election in May.

UPDATE 2-South Africa steps up power cuts after fault at new mega plant

14 Mar 2019

* Headache for Ramaphosa before May election (Updates after power cuts escalate)

South Africa's Eskom may need more bailouts despite tariff hikes

07 Mar 2019

PRETORIA South Africa's struggling state power firm Eskom may need more bailouts from government to survive, after the country's energy regulator on Thursday granted it smaller tariff hikes than the utility had wanted.

UPDATE 2-South Africa's Eskom may need more bailouts despite tariff hikes

07 Mar 2019

* But finances still look vulnerable (Adds detail, context, bonds)

UPDATE 1-Zimbabwe limits dollar sales to foreign payments only

26 Feb 2019

* Finance Minister says FX volatility must be avoided (Recasts with central bank directive)

Zimbabwe promises fiscal discipline as it launches new currency

25 Feb 2019

HARARE Zimbabwe's new currency will be backed up with fiscal discipline, Finance Minister Mthuli Ncube said on Monday, adding that the government would allow the RTGS dollar to fluctuate but would manage excessive volatility. | Video

Zimbabwe struggles to convince doubters as it launches new currency

25 Feb 2019

HARARE Zimbabwe's government has a trust problem as it introduces a discounted currency in a bid to reverse chronic cash shortages that left people struggling to get hold of basic goods.

South Africa needs to invest to rebuild confidence in power sector: minister

19 Feb 2019

JOHANNESBURG South Africa needs to invest more to rebuild confidence in its ability to supply power, its energy minister said on Tuesday, after its state-run power firm was forced to implement some of the worst blackouts in years.

World News

Stakes rise for Boeing as EU, Canada step up scrutiny

Europe and Canada said they would seek their own guarantees over the safety of Boeing's 737 MAX, further complicating plans to get the aircraft flying worldwide after they were grounded in the wake of two accidents killing more than 300 people.