Tourists are returning to South Africa – but the sector will need to go green to deal with the country's electricity crisis

Nov 10, 2023 14:39 pm UTC| Economy

For the past 16 years South Africans have dreaded rolling power cuts euphemistically dubbed loadshedding. These are caused by the ailing state power entity Eskoms crumbling infrastructure and its over-reliance on ageing...

World Bank suspension of Uganda funds over anti-homosexuality law: what this says about the struggle over funds and sovereignty

Nov 08, 2023 12:06 pm UTC| Economy Politics Life

The World Bank issued a statement on 8 August 2023, announcing that it had effectively suspended all new public financing to Uganda over concerns with the countrys anti-homosexuality law, which fundamentally contradicts...

Central Banking Series

Why it's a good bet the RBA's Melbourne Cup Day interest rate hike will be the last

Nov 08, 2023 12:06 pm UTC| Economy Central Banks

Australia just became become the odd one out. At its meeting last week, the US Federal Reserve kept its official interest rate on hold. A week earlier, the European Central Bank and the Bank of Canada kept their rates...

Almost 2 million Workforce Australia payments have been suspended in the past year, with devastating impact

Nov 07, 2023 09:06 am UTC| Economy

Last year the federal government replaced the jobactive employment support program with what was expected to be a more flexible and improved support system for jobseekers, Workforce Australia. Yet, in the 16 months the...

Energy prices: shipping hold-ups made the 2022 spike worse – and could do so again

Nov 07, 2023 09:06 am UTC| Economy

Germany and some other EU countries are hastily setting up new floating gas terminals at their ports to help cope with the severe reduction in natural gas exports from Russian pipelines since the Ukraine war started nearly...

How the pandemic permanently altered college towns

Nov 07, 2023 08:57 am UTC| Life Economy

Universities are more than just halls of learning; they are vibrant ecosystems and often the beating heart of the towns they reside in. Their reach goes beyond academia and plays a significant role in shaping the local...

South Africa’s wage gap is huge: why companies should report what CEOs and workers earn

Nov 06, 2023 15:35 pm UTC| Economy

Inequality in South Africa is high, whether measured by income or wealth. One of the results is that theres acute public scrutiny of executive compensation. This is understandable given that the skew in rewards for...