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Sunak announces $22bn Japanese investment in UK economy

19-05-2023 LONDON: Britain’s Prime Minister Rishi Sunak has announced Japanese investment of more than $22bn in the United Kingdom, including funding for offshore wind power and other clean energy projects, but accepted carmakers’ concerns about Brexit trade rules. Sunak arrived in Japan on Thursday for a Group of Seven leaders’ …

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Eskom warns South Africa to brace for longer power cuts

19-05-2023 PRETORIA: South Africa’s struggling state power utility Eskom has predicted a “very difficult winter” starting in June, warning that it may have to increase electricity cuts to an unprecedented level amid the country’s worst-ever power crisis. Many households and businesses in Africa’s most industrialized economy are already facing scheduled …

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