Cyril Ramaphosa

South Africa government reconfirms commitment to renewables, signs new deals

Jeff Radebe, South Africa's energy minister said Tuesday that the country will sign long-delayed agreements with 27 independent power producers next…

Benchmark South African stocks in gains as Ramaphosa named new president

South African stocks scored their biggest gains since June 2016 after news that Cyril Ramaphosa, a pro-business reformist, would be…

South African rand increases more 1% amid ANC’s preparation to push out Zuma

South Africa’s rand jumped more than 1 percent to its firmest since June 2015 and bonds hit a one-week best…

South African rand, bank stocks rally on hopes of Ramaphosa victory

South African assets rallied early Monday as investor hopes grew that pro-reform candidate Cyril Ramaphosa was likely to have secured…

South Africa’s rand slumps 1.3% against US dollar as Zuma reshuffles cabinet

South Africa’s rand led emerging-market currency declines against the dollar amid speculation that President Jacob Zuma is preparing to fire…

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