Money Talks

Power outages take toll on South Africa's economy

South Africa is in the throes of an energy crisis. Citizens are facing daily power outages that last upwards of six hours. And when the lights are on, utility bills are skyrocketing. The lack of electricity is forcing industries to cut output and jobs. President Cyril Ramaphosa skipped the United Nations General Assembly to hold a series of emergency meetings, to resolve the crisis. Tayyibe Aydin reports. For more on this, we spoke to Agnes Gitau. She's managing partner at GBS Africa, an advisory services firm where she provides political and economic risks intelligence for businesses operating in Sub Sahara Africa. #SouthAfrica #PowerCuts #ElectricityPrices

South Africa’s power supplier Eskom forced to turn off the lights

South Africa’s power supplier Eskom forced to turn off the lights

South Africa's Eskom aims to avoid load-shedding | Money Talks

South Africa's Eskom aims to avoid load-shedding | Money Talks

Cape Town seeks access to alternative energy | Money Talks

Cape Town seeks access to alternative energy | Money Talks

South Africa Power: Solar power lights up school in South Africa

South Africa Power: Solar power lights up school in South Africa

Global growth expected to be as weak next year as 2009

Global growth expected to be as weak next year as 2009

Türkiye launches probe on FTX founder Sam Bankman-Fried

Türkiye launches probe on FTX founder Sam Bankman-Fried

Oil prices sink as EU considers price cap on Russian oil

Oil prices sink as EU considers price cap on Russian oil

New Zealand central bank delivers its biggest ever rate hike

New Zealand central bank delivers its biggest ever rate hike

Dollar steadies as China pandemic fears linger

Dollar steadies as China pandemic fears linger

B20 promotes collaboration among developed and emerging nations

B20 promotes collaboration among developed and emerging nations

Leaders of top 20 biggest economies meet in Indonesia

Leaders of top 20 biggest economies meet in Indonesia

World population hit 8B in November, UN estimates

World population hit 8B in November, UN estimates

Israeli leader Netanyahu to face cost of living crisis

Israeli leader Netanyahu to face cost of living crisis

Qatar ready for World Cup 2022 after years of preparations

Qatar ready for World Cup 2022 after years of preparations

Oil prices drop as China imposes new pandemic-related curbs

Oil prices drop as China imposes new pandemic-related curbs

UK Chancellor Hunt unveils budget plan, boosting taxes

UK Chancellor Hunt unveils budget plan, boosting taxes

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