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Search resuls for: "Carien du"


3 mentions found


☆ As Yellen woos Africa, sceptics ask 'Is the U.S. here to stay?'
  + stars: | 2023-01-24 | by ( Andrea Shalal Carien Duplessis | Andrea Shalal | Carien Duplessis | ) www.reuters.com   time to read: +6 min
As Africa struggles with economic headwinds caused by the COVID-19 pandemic, the war in Ukraine and, notably, Washington's own monetary policy, Africans are asking for proof the United States will stay the course this time. African countries have become collateral victims of this year's rate hikes by the U.S. Federal Reserve, aimed at curbing inflation at home. African countries are also finding it harder to access capital markets to meet their fiscal needs and refinance maturing debt. The United States, meanwhile, has largely failed to offer viable alternatives to cheap Chinese credit, officials said. One senior U.S. Treasury official said the United States had long been engaged in Africa, funding anti-HIV work and working on other health issues.
☆ Russia's Lavrov visits ally South Africa amid Western rivalry
  + stars: | 2023-01-23 | by ( Carien Duplessis | ) www.reuters.com   time to read: +3 min
[1/2] South Africa's Foreign Minister Naledi Pandor shakes hands with Russia's Foreign Minister Sergei Lavrov, ahead of their bilateral meeting in Pretoria, South Africa, January 23, 2023. Lavrov met his South African counterpart, Naledi Pandor, after flying in earlier in the day on a trip some South African opposition parties and the small Ukrainian community have condemned as insensitive. President Cyril Ramaphosa's government regards South Africa as neutral in the Ukraine conflict and has expressed a desire to mediate. The South African armed forces said last week the exercise is a "means to strengthen the already flourishing relations between South Africa, Russia and China". There was no official public comment from the Ukrainian embassy but officials said it had asked the South African government to help push President Volodymyr Zelenskiy's 10-point peace plan, which he proposed to the G20 in November.
☆ South Africa's Eskom to reduce power cuts but long-term outlook bleak
  + stars: | 2023-01-17 | by ( Carien Duplessis Anait Miridzhanian | Carien Duplessis | Anait Miridzhanian | ) www.reuters.com   time to read: +3 min
[1/2] A man walks beneath electricity pylons during frequent power outages from South African utility Eskom, caused by its ageing coal-fired plants, in Orlando, Soweto, South Africa, January 16, 2023. REUTERS/Siphiwe SibekoSummarySummary Companies Power cuts to become less severe from TuesdayDepends on generators returning to service as plannedEskom tells politicians power cuts to continue into 2024JOHANNESBURG, Jan 16 (Reuters) - South Africa's state-owned power utility Eskom said it would shorten power cuts from Tuesday morning as 14 generators come back on tap this week, but electricity shortages look set to continue at least into 2024. The past week has seen some of the worst power cuts on record in Africa's most industrialised nation, at least six hours a day for most households and often as much as 10 hours. The company implemented power cuts on more than 200 days last year, the most in a calendar year. The utility said it had procured an additional 50 million litres of diesel, which would be used to manage pumped storage dam levels and limit power cuts.
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