Why South Africa should extend the e-hailing compliance deadline

Why South Africa should extend the e-hailing compliance deadline

South Africa’s long-awaited e-hailing regulations are finally nearing enforcement, with end-March set as the deadline by the national transport department for their implementation. But the industry is concerned that doesn’t leave sufficient time for them to prepare. The e-hailing sector has expanded rapidly, outpacing regulatory oversight rules. This has coincided with rising reports of assaults,…

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South Africa lets rivals team up to cut crippling electricity costs

South Africa lets rivals team up to cut crippling electricity costs

Trade minister Parks Tau. Leah Millis/Reuters South Africa has softened its competition regulations to allow firms battling high power costs to jointly build energy infrastructure and collectively negotiate supply contracts. Trade minister Parks Tau said in a government notice on Wednesday that the new measures were meant to assist distressed industries. Electricity costs in South…

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