Bhargav Acharya | Bizcommunity

News

Finance

South African factory activity contracts again in June - Absa PMI

Bhargav Acharya 2 Jul 2024

Source: Reuters.

Finance

South African retail sales rise 2.3% year on year in March

Bhargav Acharya 16 May 2024

Source: Reuters.

Finance

South African rand firms after local retail sales, US inflation data

Bhargav Acharya 16 May 2024

A rescue worker removes rubble from the site where construction workers are trapped under a building that collapsed in George. Source: Reuters/Esa Alexander

Construction & Engineering

George collapse rescue mission continues: 7 dead and 36 retrieved

Shafiek Tassiem and Esa Alexander 8 May 2024

Building collapse in George kills one, 22 injured. Source:

Construction & Engineering

At least one fatality in George construction site collapse

Bhargav Acharya and Tannur Anders 6 May 2024

A man poses with a handful of Zimbabwean dollars at a bank in central Harare, 15 June 2015. Zimbabweans began exchanging old notes of local dollars for US dollars, as President Robert Mugabe's government seeks to officially bury the worthless currency. Reuters/Philimon Bulawayo/File Photo

Finance

Zimbabwe launches gold-backed currency to replace battered local dollar

Nyasha Chingono 5 Apr 2024

Source: Reuters. Central bank governor, Lesetja Kganyago.

Finance

South African president extends central bank governor's term, appoints new deputy governor

Bhargav Acharya 15 Mar 2024

File photo: Black rhinos, one of the world's endangered animals, are seen at a farm outside Klerksdorp, in the north west province, South Africa, 24 February 2016. Reuters/Siphiwe Sibeko/File Photo

ESG & Sustainability

Rhino poaching in South Africa increases in 2023

Nellie Peyton and Bhargav Acharya 27 Feb 2024

South Africa's Department of International Relations and Cooperation (Dirco) Director-General Zane Dangor, South African Foreign Minister Naledi Pandor and South African Ambassador to the Netherlands Vusimuzi Madonsela listen as the International Court of Justice (ICJ) rule on emergency measures against Israel following accusations by South Africa that the Israeli military operation in Gaza is a state-led genocide, in The Hague, Netherlands, 26 January 2024. Reuters/Piroschka van de Wouw

Legal

South Africa: court ruling against Israel a victory for rule of law

Bhargav Acharya and Nellie Peyton 26 Jan 2024

Somaliland President Muse Bihi Abdi and Ethiopia’s Prime Minister Abiy Ahmed attend the signing of the Memorandum of Understanding agreement, that allows Ethiopia to use a Somaliland port, in Addis Ababa, Ethiopia, 1 January 2024. Reuters/Tiksa Negeri

Logistics & Transport

Landlocked Ethiopia signs pact to use Somaliland's Red Sea port

Dawit Endeshaw, Abdi Sheikh and Bhargav Acharya 2 Jan 2024

Source: Reuters.

Finance

South African manufacturing output rises 2.1% y/y in October

Bhargav Acharya 13 Dec 2023

Energy & Mining

Bloomberg: Dan Marokane to succeed Andre de Ruyter as permanent Eskom CEO

Harshita Meenaktshi and Bhargav Acharya 7 Dec 2023

Source: Archive | Transnet

Logistics & Transport

Govt throws troubled Transnet R47bn lifeline

Nelson Banya 1 Dec 2023

File photo: The Nairobi skyline is seen in the background as zebras walk through the Nairobi National Park, near Nairobi, Kenya, 3 December 2018. Reuters/Amir Cohen/File Photo

Legal

UPDATED: Kenyan court strikes down housing levy in finance law

Humphrey Malalo and Bhargav Acharya 28 Nov 2023

File photo: Olympic and Paralympic track star Oscar Pistorius leaves court after appearing for the 2013 killing of his girlfriend Reeva Steenkamp in the North Gauteng High Court in Pretoria, South Africa, 14 June 2016. Reuters/Siphiwe Sibeko/Files

Legal

UPDATED: Pistorius granted parole

Bhargav Acharya 24 Nov 2023

Source: Reuters.

Finance

South Africa producer inflation quickens to 5.1% y/y in September

Bhargav Acharya 26 Oct 2023

Source: Reuters.

Finance

South Africa's net foreign reserves fall to $54.980bn in Sept

Tannur Anders and Bhargav Acharya 6 Oct 2023

Source: Archive | Transnet

Logistics & Transport

Transnet CEO, CFO to step down

Amna Karimi, Bhargav Acharya and Nelson Banya 2 Oct 2023

Central bank holds key rate in expected move

Finance

Central bank holds key rate in expected move

21 Sep 2023

Rand strengthens ahead of rate decision

Finance

Rand strengthens ahead of rate decision

21 Sep 2023

South African President Cyril Ramaphosa said on Sunday that an independent inquiry has found no evidence that a Russian ship had collected weapons from the country late last year destined for Russia.

Legal

South Africa says inquiry found no evidence of arms shipment to Russia

Olivia Kumwenda-Mtambo and Bhargav Acharya 4 Sep 2023

Source: Reuters. China's Minister of Commerce Wang Wentao and South Africa's Minister of Trade, Industry and Competition Ebrahim Patel.

Finance

#BRICS2023: What is Brics and who are its members?

Bhargav Acharya 22 Aug 2023

Former South African president Jacob Zuma reacts as he addresses a news conference in Johannesburg, South Africa, 22 October 2022. Reuters/Siphiwe Sibeko/File Photo

Legal

Zuma appears at prison, released under remission process

Carien du Plessis and Bhargav Acharya 11 Aug 2023

Finance

South Africa business activity contracts in June for fourth consecutive month - PMI

Bhargav Acharya 5 Jul 2023

Unions sign new wage deal with Eskom

Energy & Mining

Unions sign new wage deal with Eskom

Bhargav Acharya 19 Jun 2023

Premier Group's profits jump despite load shedding

Retail

Premier Group's profits jump despite load shedding

Tannur Anders 7 Jun 2023

Ugandan human rights lawyer and activist leads fellow activists to file a petition challenging the signing of the new Anti-homosexuality law by President Yoweri Museveni, at the constitution court in Kampala, Uganda, 29 May 2023. Reuters/Abubaker Lubowa

Legal

Uganda enacts harsh anti-LGBTQ law including death penalty

Reuters 30 May 2023

Unions reject Eskom's latest wage increase offer

Energy & Mining

Unions reject Eskom's latest wage increase offer

Bhargav Acharya 26 May 2023

Social grant recipients stand in a queue outside a post office, as joblessness takes its toll in Meadowlands, a suburb of Soweto, South Africa, 24 February 2022. Reuters/Siphiwe Sibeko

HR & Management

Unemployment rate rises amid power crisis

Kopano Gumbi and Bhargav Acharya 16 May 2023

Eskom losing well over R1bn a month through theft, says De Ruyter

Energy & Mining

Eskom losing well over R1bn a month through theft, says De Ruyter

Carien du Plessis 26 Apr 2023

Source: Reuters.

Finance

South African business activity contracts in March - PMI

Bhargav Acharya 5 Apr 2023

Source: Reuters.

Healthcare

Vaccine-derived poliovirus detected in Burundi, Congo

Bhargav Acharya 20 Mar 2023

SAA privatisation plan at risk, Semafor reports

Logistics & Transport

SAA privatisation plan at risk, Semafor reports

27 Feb 2023

Cars drive past Nigerian national flags in Abuja, Nigeria 12 June 2021. Reuters/Afolabi Sotunde

Legal

Financial crime watchdog adds South Africa, Nigeria to "grey list"

Tassilo Hummel, Alexander Winning and Bhargav Acharya 24 Feb 2023

Andre De Ruyter leaves Eskom with immediate effect

Energy & Mining

Andre De Ruyter leaves Eskom with immediate effect

Bhargav Acharya 23 Feb 2023

MTN commits to $1bn Ghana investment after government scraps tax claim

ICT

MTN commits to $1bn Ghana investment after government scraps tax claim

16 Feb 2023

Source: Reuters.

Healthcare

Malawi cholera death toll crosses 1,300: health official

Bhargav Acharya 14 Feb 2023

ICT

MTN, Ghana told to resolve $773m tax dispute

Alexander Winning and Bhargav Acharya 30 Jan 2023

MTN Ghana hit with bill of $773m for back taxes

ICT

MTN Ghana hit with bill of $773m for back taxes

16 Jan 2023

Nersa approves 18.65% power price hike for Eskom

Energy & Mining

Nersa approves 18.65% power price hike for Eskom

Bhargav Acharya and Kopano Gumbi 13 Jan 2023

Source: Reuters/James Oatway

Manufacturing

South African factory activity expands in December - Absa PMI

Bhargav Acharya 6 Jan 2023

Botswana's former President Ian Khama returns to his seat after giving a speech during the Botswana-South Africa Bi-National Commission (BNC) in Pretoria, South Africa, 11 November 2016. Reuters/Siphiwe Sibeko

Legal

Botswana's ex-president Khama asks court to set aside arrest warrant

Brian Benza 6 Jan 2023

Source: Reuters.

Finance

Offshore investors net sellers of South African stocks

Bhargav Acharya 5 Jan 2023

Source: Reuters.

Finance

South African rand flat as China Covid spike hits risk sentiment

Bhargav Acharya 29 Dec 2022

Source: Reuters.

Healthcare

11 Tambo Memorial Hospital staff among the dead in tanker blast

Bhargav Acharya 28 Dec 2022

Source: rajeev ramdas via

Agriculture

SA wheat harvest forecast 1.6% lower than last year

Nelson Banya 22 Dec 2022

Source: Supplied

Retail

Steinhoff reaches agreement on extending debt maturity

Bhargav Acharya 15 Dec 2022

Gold Fields CEO to step down a month after Yamana deal failed

Energy & Mining

Gold Fields CEO to step down a month after Yamana deal failed

Bhargav Acharya and Nelson Banya 13 Dec 2022

#BestofBiz 2022: Energy & Mining

Energy & Mining

#BestofBiz 2022: Energy & Mining

12 Dec 2022

Eskom ramps up load shedding to Stage 6 as plants break down

Energy & Mining

Eskom ramps up load shedding to Stage 6 as plants break down

Bhargav Acharya 7 Dec 2022