South Africa received some welcome news after the credit ratings agency S&P decided to upgrade both SA’s foreign currency long-term sovereign credit rating to ‘BB’ from ‘BB- ‘and local currency long-term sovereign credit rating to ‘BB+’ from ‘BB’. Its outlook remains positive. Another agency, Fitch affirmed South Africa’s sovereign rating at BB- with a stable…
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Eskom’s Power Struggle: Milestones, Missteps, and the Path Forward
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Frontline Africa Advisory
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South Africa’s energy crisis remains one of the most pressing challenges facing the nation. Eskom, the state-owned power utility, has long been at the centre of the struggle to provide a stable and reliable electricity supply. While recent milestones have signalled progress, setbacks continue to expose deep-rooted challenges, negatively impacting households and businesses. The road…
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