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Electricity

South Africa: Pres. Ramaphosa Reshuffles Cabinet Amid Energy Crisis

South Africa: Pres. Ramaphosa Reshuffles Cabinet Amid Energy Crisis

On Monday, South African Pres. Cyril Ramaphosa reshuffled his cabinet and created two new positions in an apparent bid to address the country's severe energy crisis....
ITN Mar 7, 2023
UK Energy Bills to Rise, Despite New Price Cap and Falling Energy Costs

UK Energy Bills to Rise, Despite New Price Cap and Falling Energy Costs

UK households will see their energy bills increase by an average of 20% (£500) this coming year, despite energy regulator Ofgem having announced that the energy price cap — which sets the maximum that companies can charge for a single unit of energy — will be lowered for the three months fro...
ITN Feb 27, 2023
Pakistan: Parliament Fails to Pass Bill to Unlock IMF Funds

Pakistan: Parliament Fails to Pass Bill to Unlock IMF Funds

On Friday, Pakistan's National Assembly — the lower house of its parliament — adjourned without passing a crucial tax bill to unlock $1.1B in financial aid from the International Monetary Fund (IMF). The session will continue on Monday evening....
ITN Feb 19, 2023
Pakistan, IMF Fail to Reach Deal; Talks Continue

Pakistan, IMF Fail to Reach Deal; Talks Continue

After ten days of face-to-face negotiations, Pakistan and the International Monetary Fund (IMF) failed to reach a deal over the release of $1.1B in financial aid, with talks set to resume virtually on Monday....
ITN Feb 11, 2023

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