Wednesday , 11 February 2026

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S Africa’s Eskom ends ‘controlled blackouts’

Bloomberg South Africa’s debt-laden power utility ended controlled blackouts as power supplies improve, though it says shortages gripping Africa’s most industrialised economy may not be over yet. Eskom Holdings SOC Ltd., which provides about 95% of South Africa’s electricity, said it wouldn’t be implementing load shedding, a local term for rolling power blackouts, on Sunday. That comes after almost a …

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Barrick Gold agrees to pay over $300m to end Tanzania dispute

Bloomberg Barrick Gold Corp. agreed to pay over $300 million to the Tanzanian government to end a long-running dispute that it says destroyed the value of its subsidiary Acacia Mining Plc’s assets. As part of the deal, which still must be approved by Tanzania’s attorney general, the government will be given a 16% stake in a renamed company known as …

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Boeing lawsuits over Lion Air crash may move to Indonesia

Bloomberg A federal judge in Chicago signalled he may let dozens of lawsuits against Boeing Co over the crash of a Lion Air plane be resolved in Indonesia. US District Judge Thomas Durkin said during a status hearing that US Supreme Court and appellate court rulings appear to support the idea of a venue change. “The law is pretty favourable …

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