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African News Agency

SA-Zambia cement economic ties

8th December 2016 South African and Zambian officials committed to strengthen cooperation in trade and investment, science and technology, defence and energy following high level discussions in Pretoria on Thursday. “We further committed to actively encourage both South African and Zambian companies to take full... 

Southern Africa faces worst drought in decades

8th December 2016 Nearly 14-million people in southern Africa are in need of emergency humanitarian assistance as the region faces the worst El Nino induced drought in decades. United Nations (UN humanitarian agencies and partners launched a revised action plan to outlining their response to the needs of an... 

Ratings agencies not overly influenced by political turbulence, Ramaphosa says

7th December 2016 International credit rating agencies have shown themselves not to be overly concerned by South African’s “robust” politics, Deputy President Cyril Ramaphosa said on Wednesday. “In the end the political noise that they observe is not their main consideration,” Ramaphosa told the National Assembly... 

Numsa reiterates rejecting minimum wage, throws shade at Ramaphosa

7th December 2016 The National Union of Metalworkers (Numsa) on Wednesday reiterated its rejection for the proposed national minimum wage and also said that it did not support the endorsement of deputy president Cyril Ramaphosa as the next president of the African National Congress (ANC). In a fiery media briefing... 

KZN turns sod on R85bn privately owned coal power station

6th December 2016 KwaZulu-Natal Premier Willies Mchunu on Tuesday said he was confident that the R85-billion investment to build a smelter park would usher in a new era characterised by employment and prosperity in the province. The CS Smelter Park, an investment made through the Brics countries, is earmarked to... 

GDP contraction a worry for investors

6th December 2016 South African investors should be concerned about the stagnant economic growth which also has an adverse impact on business confidence, an economist said on Tuesday. This comes after South Africa’s gross domestic product (GDP) growth rate slowed to 0.2 percent in the third quarter, recording a... 

Botswana copper production ceases as mining sector struggles for survival

6th December 2016 Production in Botswana’s copper-nickel mining subsector is at a standstill following the voluntary liquidation of former top producer BCL in October, which was preceded by the collapse of two other producers in 2015. In his review of the mining sector during his State of the Nation Address (SONA)... 

1 500 houses in Risinga View village in Limpopo now have electricity – Eskom

6th December 2016 As many as 1 500 houses in Risinga View village, near Giyani in Limpopo, have been connected to the grid allowing them to have electricity for the for the first time, Eskom said on Tuesday. The project at Risinga View started in July 2016 and took four months to complete. It was energised from... 

Outa objects to handling of IRP public consultation process

6th December 2016 Organisation Undoing Tax Abuse (Outa) on Tuesday accused the department of energy of giving the public too little time to weigh in on the draft Integrated Resource Plan (IRP), which sees South Africa adding 20 gigawatt of nuclear energy to its power grid over the next three decades. “Outa has... 

West African countries tell Europeans to keep their ‘dirty fuel’

6th December 2016 Five West African nations are banning ‘dirty’ European fuels – exported fuels with higher sulphur levels – in response to concerns over vehicle emissions and in an effort to bring safer, cleaner air to more than 250 million people. On Monday the United Nations Environment Programme (UNEP) said... 

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