South Africa’s energy regulator allowed state-owned Eskom Holdings SOC Ltd. to raise electricity tariffs by 12.7%, well below the amount requested by the debt-laden utility that’s trying to turn around its finances.

The National Energy Regulator of South Africa has approved a 12% tariff increase for Eskom for the 2025/26 financial year. The regulator cited the pleas of South Africans who testified during hearings that they would not be able to afford food and electricity if Eskom’s original proposal of 36% were granted.

Kagame's comments clearly suggested that he wants South Africa to back off from DR Congo, where its military involvement dates back to the late 1990s. It first joined the UN's peacekeeping mission, Monusco, following the end of the racist system of apartheid in 1994.

South Africa plans to raise $50 million to help fund a bid to host a Formula 1 race, the country’s sports minister Gayton McKenzie said in an interview. McKenzie said there has been discussions with the Formula 1 organisers during the week,