By the AFREEQUE newsroom, based on IOL
Illustrative image · Vodafone x Rankin everyone.connected · Pexels · Licence PexelsSouth African electricity tariffs have risen by 165% in ten years, significantly increasing household expenses. National Treasury says, however, that scrapping VAT on electricity bills is not under consideration, IOL reports.
US stock markets fell sharply after disappointing quarterly results from major artificial intelligence companies. Investors are questioning the profitability of the massive sums invested in the sector, Le Monde reports.
🇺🇸 United States · Source: Le Monde ·
South Africa’s national health department is buying alternative medicines amid shortages affecting up to 50 essential treatments. Patients may be temporarily switched to equivalent products, while the Democratic Alliance is calling for a parliamentary inquiry into the causes and risks, IOL reports.
🇿🇦 South Africa · Source: IOL ·
Sinotrucks Nigeria is introducing Sitrak electric trucks to the Nigerian market to reduce transport costs and limit the impact of high fuel prices. Managing director Alfred Okugbeni says the vehicles can reduce energy expenses for manufacturers, distributors and logistics operators, ThisDay reports.
🇳🇬 Nigeria · Source: ThisDay ·
Five polls conducted between June and October put the Democratic Alliance ahead of the African National Congress in voting intentions in Tshwane. The surveys differ on the ranking of smaller parties that could influence coalition-building after the municipal election, the Daily Maverick reports.
🇿🇦 South Africa · Source: Daily Maverick ·
Cape Town boosts security after taxi shootingsSouth African police are stepping up security at Cape Town taxi ranks after a series of transport-related shootings. National forces, municipal services and traffic police are coordinating their operations from an operations centre in Parow, with several taxis seized, SABC News reports.
Malawi plans to halve power cuts by DecemberMalawian Energy Minister Jean Mathanga expects power cuts to be halved by December, thanks to the return to service of hydroelectric plants and the import of 50 megawatts from Mozambique. Repairs to the Nkula power station and the start of commercial operations on the interconnector with Mozambique are expected to support this goal, according to Nyasa Times.The week in Africa
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