Author: VM Reporter

The African Development Bank (AfDB) has released the first tranche of its $1 billion loan to Transnet, the State-owned conglomerate managing the country’s ports, railways and pipelines. This disbursement is the first in a series of four tranches planned for an unparalleled financing arrangement to support Transnet’s business’s recovery plan.…

RISE Mzansi’s National Assembly Caucus Whip, Makashule Gana, says the issue of Eskom’s debt may create an economic timebomb if left unresolved. Gana made the assertion on Sunday after having received a reply from the Minister of Electricity and Energy, Kgosientsho Ramokgopa, to a RISE Mzansi parliamentary question. Gana said…

The Polish right-wing extremist, and murderer of South African political activist Chris Hani, on Saturday, landed in his native land at the Chopin Airport in Warsaw. Walus was deported to Poland, from South Africa on Friday, after spending almost 30 years in prison. He assassinated the SA Communist Party (SACP)…

The African Energy Chamber (AEC) has stated that it “proudly endorses” the Africa Energy Bank (AEB), a landmark institution designed to revolutionize energy financing across the continent. Launched by the African Export-Import Bank (Afreximbank) in partnership with the African Petroleum Producers’ Organization (APPO), the Africa Energy Bank is set to…

The South African Cabinet on Thursday congratulated the newly elected Namibian President Netumbo Nandi-Ndaitwah following her victory in the country’s Presidential election held last week. Nandi-Ndaitwah, a 72-year-old veteran of the South West Africa People’s Organisation (SWAPO), becomes the first female President in the history of Namibia. Addressing a media…

ActionSA has labelled the latest appointment of Minister Thembi Nkadimeng a “last-ditch cowardly Cabinet reshuffle” by President Cyril Ramaphosa. This follows the announced by Ramaphosa, on Tuesday, that Nkadimeng, who was the Minister of Justice and Constitutional Development, has been appointed as the Minister of Human Settlements. The President issued…

South African President Cyril Ramaphosa on Tuesday outlined the country’s ambitious agenda of its G20 Presidency under the theme “Solidarity, Equality, and Sustainability”. On 01 December 2024, South Africa assumed the Presidency of the G20, marking a historic milestone as the first African country to lead this influential group of…

Eskom has suspended its Promotion of Administrative Justice Act (PAJA) notice of power interruption against the City of Johannesburg (CoJ) and City Power, issued last month. According to Eskom, this is to allow the Ministry of Electricity and Energy’s process undertaken by an independent expert regarding alleged historical overbilling to…

South African Minister of International Relations and Cooperation, Ronald Lamola, on Monday co-chaired the Ministerial Meeting of the Bi-National Commission (BNC) with the Nigerian Minister of State for Foreign Affairs, Ambassador Bianca Odumegwu-Ojukwu. Both Ministers agreed that one of the overriding imperatives of bilateral relations between the two countries is…

Senegal’s President Bassirou Diomaye Faye says the French military must end its presence in the West African nation. The French military has maintained a presence in Senegal since the country’s independence in 1960. “There will soon be no more French soldiers in Senegal,” Faye told French daily Le Monde, on…