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Factbox: SA’s struggling SOEs
South Africa is grappling with multiple problems at its heavily indebted state-owned firms, the most serious of which are at ailing state power utility Eskom.
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Growing pains
South Africa’s economic performance made headlines for all the wrong reasons last week, hardly the start to the festive season we all would have liked. The reality is that the road to economic recovery for South Africa is going to be long and bumpy.
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Airline industry’s 2019 was a miserable year
Airline industry profits will come in lower than forecast this year as passenger numbers and cargo volumes are held back by slowing economic growth and global trade wars, the International Air Transport Association said.
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Eskom plans more load shedding
Eskom plans more load shedding due to flooding that triggered unprecedented blackouts a day earlier, South Africa‘s state power firm said on Tuesday, but added the crisis was manageable.
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