Hints and tips:
...Here is a bullish case for South Africa. Yes, you read that right....
...And it’s not just limited to coal, it’s also diesel and fuel.”...
...The cuts leave South Africans in darkness for up to 10 hours a day as a years-long energy crisis under the ruling African National Congress escalates....
...A South African inquiry found last year that Bain had helped undermined the country’s revenue service, crippling its ability to investigate tax evasion....
...Last week, for example, South Korean group LG Chem announced a $3bn investment in a battery plant in Tennessee....
...The chief executive of South African miner Gold Fields has defended the timing of its $5.2bn bid for Yamana Gold, arguing the “opportunity” to create the sector’s fourth biggest producer might have disappeared...
...Read our profile of the South African businessman here....
...The annual LGBT+ parade will see thousands of people flocking to the south coast of England. And don’t miss the Fire of Love on the big screen, writes our film critic Danny Leigh....
...Two doses of the Johnson & Johnson Covid-19 vaccine cut the risk of hospitalisation by up to 85 per cent, according to a South African study conducted when the Omicron coronavirus variant was dominant....
...Other airports have also floated plans to increase charges, including Amsterdam Airport Schiphol, which is pushing for a 37 per cent rise, as well as South African and Canadian airports, according to Iata...
...The EU and UK moved to impose travel restrictions on a group of southern African nations, while Israel has banned travellers from South Africa....
...“The South Africans said to me: ‘These guys are putting a gun to our head,’” says a senior official familiar with African vaccine procurement efforts....
...The emergence of the Omicron variant of coronavirus has added new disruptions in the main trade route from cobalt-producing Congo through the South African port of Durban to China....
...South Africa’s supplies of the J&J vaccine have been limited to date because the initial rollout among health workers took the form of a research study rather than commercially ordered deliveries....
...After an early success as one of the founders of PayPal, the South African-born serial entrepreneur first invested in Tesla and became its chair in 2004, soon after it was set up....
...To show his intent, Mr Ramaphosa should scrap plans to bail out South African Airways. It can be restructured and run perfectly well by a private operator....
...The proposal would reverse previous pledges to withhold more bailouts from South African Airways that has been pushed close to liquidation by the coronavirus pandemic....
...US clothing retailer Gap was also targeted last year after a post on Weibo, the Chinese social media network, that showed T-shirts with a map of China that did not include Taiwan, south Tibet and the South...
...The government is already propping up other struggling state companies, and last month cut off further funding to the national airline, South African Airways, which is on the brink of collapse....
...Mr Ramaphosa’s ruling African National Congress has this month already been forced to place South African Airways, the national airline, into a local form of bankruptcy protection....
...Hetero has exported to 25 countries, while Cipla, another Indian manufacturer, said it had only shipped to South Africa and Nepal....
...This month South African Airways will pay its nearly 6,000 staff only half of their November salary. Next month, without a substantial bailout it won’t be able to pay them anything at all....
...The WHO said African countries were “far from ready” for a vaccination drive. Washington DC correspondent Kiran Stacey explains US plans....
...Sotheby’s has confirmed the 17 works on offer from the British Airways collection, the first (public) distress sale since the Covid-19 pandemic....
...Eskom is unable to service its debts on its own because of falling revenues, and received a $5bn bailout from the South African Treasury in February....
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