A World Bank-linked climate fund has backed South African plans to cut its reliance on coal, unlocking up to $2.6 billion in financing and giving the nation’s energy transition an unexpected boost.

In a step to accelerate South Africa’s just energy transition and establish the country as a global green hydrogen leader, R656-million has been committed to a green hydrogen fund. South Africa’s State-owned Public Investment Corporation (PIC) asset manager,

South Africa's rand and government bonds fell steeply in early trade on Friday, after Israeli military strikes on Iran drove investors toward safe havens.

South African residents recalled their fear after devastating flooding ravished one of South Africa’s poorest provinces and killed at least 78 on Thursday.

At least 49 people are confirmed dead after flooding hit South Africa, including children whose school bus was swept away during the extreme weather, officials said.

The South African rand slipped on Thursday, after the release of weaker-than-expected local mining output figures. At 1544 GMT the rand traded at 17.7850 against the dollar, down about 0.2% on Wednesday's close.

AUS vs SA 2025, WTC Final Day 3 Live Updates: Play begins on Day 3 with Australia 218 runs ahead and have two wickets left. <br /><br /><br />South Africa dominated play on the first session of Day 2 as they put up 79 runs and lost just one wicket.

David Goldblatt photographed the societal warping that apartheid inflicted, drawn to “the quiet and commonplace where nothing ‘happened’ and yet all was contained.”

(Reuters) -South African state ports and freight rail company Transnet said on Thursday that it had reached a wage agreement with its recognised labour unions. The deal is for a 18% salary increase over three years and averts the risk of a strike,