Medupi fails two tests already
The new plant can’t meet World Bank’s loan conditions or sulphur emissions limits
China Development Bank
Eskom: The abyss just gets deeper
South Africa’s power utility has become a bottomless pit of expenses; it’s debatable whether it can feasibly ever be saved
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Industrial Development Corporation wins Patel’s ear
The South African government has begun thinking of implementing a new model of funding the Industrial Development Corporation, namely cash injections.
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Zimbabwe, China sign $585-million trade agreements
Zimbabwe and China on Monday signed a raft of agreements worth $585-million aimed at reviving the southern African country.
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FirstRand says it is not in talks with Chinese bank
South African banking group FirstRand on Friday said it was not in talks with a Chinese bank over selling a stake. ”We are not in discussions with a Chinese bank,” FirstRand spokesperson Sam Moss said. Shares in FirstRand rose earlier on Friday after the China Daily reported that a state-owned Chinese bank was in talks to buy a stake in First National Bank.
