Proposed Budget 2025: R1. 8bn lifeline for SA Post Office as Treasury intervenes

Helmo Preuss|Published

The South African Treasury, alongside the Department of Communications and Digital Technologies, is implementing a crucial rescue plan for the struggling Post Office. ...

Proposed Budget 2025: Eskom's R470bn revenue target tied to strict debt relief conditions

Helmo Preuss|Published

Treasury's 2025 Budget reveals Eskom's growing dependency on government support, with municipal debt soaring to R94. 8 billion while the power utility struggles ...

China’s green economy will boost growth in 2024 and 2025

Helmo Preuss|Published

In 2023 the clean energy sector emerged as a key driver of gross domestic product growth, as government policy pivoted to making China the global powerhouse for ...

New IRP set for 2025 after extensive stakeholder input - Ramokgopa

Helmo Preuss|Published

Minister Ramokgopa outlines extended time horizons, policy priorities and the move towards carbon-neutrality by 2050.

Battery energy storage will provide grid stability, says Ramokgopa

Helmo Preuss|Published

Minister announces significant advancements in Battery Energy Storage projects aimed at enhancing grid stability and integrating renewable energy in South Africa. ...

MTBPS: Treasury to expand Islamic Bond Programme following R20bn success

Helmo Preuss|Published

Treasury is planning to build on its successful R20. 4 billion Islamic bond launch with additional Sukuk issuances, marking a strategic move to diversify its funding ...

Ramokgopa hails Eskom leadership for achieving more than 200 days of no load shedding

Helmo Preuss|Published

Despite the triumph, the Minister cautioned that the work was far from complete.

China has lifted more than a billion people out of poverty

Helmo Preuss|Published

China’s progress over the past 75 years was not limited to material goods. Great strides were also made in educating the nation, so that China is now at the forefront ...

Private hospital sector stands ready to work with government: HASA

Helmo Preuss|Published

The proposed NHI is geared to create a universal healthcare system to ensure that all South Africans have access to affordable, quality healthcare services regardless ...

New Development Bank approves $2. 3bn in loans for renewable energy projects

Helmo Preuss|Published

Overall, the NDB’s approach to financing green projects aligns closely with South Africa’s national sustainability goals in several ways.

The Paris Olympics will boost China’s sports economy

Helmo Preuss|Published

Communiqué of the third plenary session of the 20th Central Committee of the CPC at the end of July reaffirmed China’s long-term vision of deepening reform and pursuing ...

We are working hard to resolve municipal debt problem, says Ramokgopa

Helmo Preuss|Published

‘We, together with Salga, will target two municipalities per province for an innovative solution to address this problem. This will stress test the solution, so ...

We are working hard to resolve municipal debt problem, says Ramokgopa

Helmo Preuss|Published

‘We, together with Salga, will target two municipalities per province for an innovative solution to address this problem. This will stress test the solution, so ...

Eskom ends its capacity hoodoo

Helmo Preuss|Published

The electricity grid has been running more than 123 days without load shedding, as the last day of load shedding was on March 26 this year, for five hours.

Ramokgopa says attention must shift to distribution network as generation capacity improves

Helmo Preuss|Published

This comes as a number of municipalities have been under severe strain and have begun implementing outages to avoid overloading the distribution system.

Ramokgopa: ‘concerted effort’ reinstates 7 000MW capacity

Helmo Preuss|Published

This comes as load shedding remains suspended due to the continued sustained improvement in generation performance, with 4 400MW reduction in unplanned outages. ...

Load shedding hiatus due to ‘maintenance plan’

Helmo Preuss|Published

Ramokgopa said electricity supply was currently higher than demand, adding that planned maintenance allowed for the accelerated sourcing of spares.

China’s economy beats consensus forecasts in first two months of 2024

Helmo Preuss|Published

The Chinese government has a good track record of reaching the annual growth targets which gives comfort to the rest of the world as China has consistently contributed ...

Budget 2024: Two-pot retirement will be implemented from September 1

Helmo Preuss|Published

The two-pot retirement reform allows pre-retirement access to a portion of one’s retirement assets in times of personal stress such as medical bills or unemployment. ...

China’s economic growth could surprise in the third quarter

Helmo Preuss|Published

A raft of new policy measures to support economic growth have effectively stabilised confidence and expectations, and economists now expect a notable improvement ...

Easing of Covid restrictions in China provides boost to economic recovery

Helmo Preuss|Published

The easing of Covid-19 restrictions in China in early December has already provided a boost to economic recovery, with Foxconn, which supplies Apple products from ...

China aims to balance energy needs with green decarbonisation targets

Helmo Preuss|Published

More than any other leader of the Chinese Communist Party, Xi has sought to make the environment part of his lasting legacy

Booming Chinese economy sucks in South African exports

Helmo Preuss|Published

OPINION: China’s imports from Africa grew faster than its exports to Africa, but unlike South Africa, the balance was a surplus in China’s favour, writes Helmo Preuss. ...

SA petrol prices are generally higher than neighbouring countries

Helmo Preuss|Published

South African petrol prices are generally higher than its African neighbours with the exception of Zimbabwe.

Recession headlines will squeeze consumer pockets

Helmo Preuss|Published

If the government does not cap fuel prices like in September, the October petrol price could jump by a similar amount to push the price above R17.