Africa Business South Africa World 

Opinion: Understanding South Africa’s Energy Crisis

Witnessing the far-reaching effects of South Africa’s continuing power cuts has been tremendously disheartening. The frequent and extended power outages taking place have left businesses in Africa’s most industrialized country struggling to function. Manufacturing is suffering. The national economy is taking a hit. The prolonged darkness is emboldening thieves and pushing crime rates up. And as state-owned utility Eskom spends… Read More
Africa Business Southern Africa World Zimbabwe 

Zimbabwe secures $108 mln to fix power crisis

Zimbabwe’s government said it has secured combined loans of $108 million from the Export-Import Bank of China and Export-Import Bank of India to fix its power crisis. The state-run Herald newspaper reports that the government concluded the loan agreements in the last few months. The loans according to government officials should significantly help to the country’s power generation projects and… Read More