Johannesburg’s benchmark stock index is heading for its worst month in almost two decades, reeling from a double hit as the Iran war saps demand for emerging-market assets while plunging precious-metal prices weigh on the country’s miners.
South Africa’s statistics agency, Stats SA, has confirmed that its systems have been breached by a ransomware attack, marking the second major government breach this month.
The City of Cape Town has allocated R93 million to a “gas-to-power” plant at the Coastal Park Landfill near Muizenberg, which converts waste gas into electricity.