Pro-Russia separatists in eastern Ukraine say they have completely surrounded the strategic town of Debaltseve, a claim denied by the Ukrainian army who insist the fighting is ongoing. The self-proclaimed Donetsk People’s Republic (DPR) on Tuesday said its fighters have cut off the main supply road into the government-held town[…]
The rand was being affected by the Russian rouble’s depreciation because they exported similar commodities, and could be seen in the same emerging market basket, an economist said on Thursday. The rand has fallen to levels against the US dollar last seen in 2008, reaching a low of R11.93 to[…]
Leaders from the world’s strongest economies have gathered in the Australian city of Brisbane, commencing the G20 summit, with the crisis in Ukraine expected to take centre-stage. The two-day summit, which began on Saturday, promises to be a showdown between Western leaders and Russian President Vladimir Putin, amid fresh reports[…]
Ukraine has accused Russia of sending dozens of tanks, heavy weapons and truckloads of armed men into the country’s rebel-controlled eastern areas. Andriy Lysenko, a military spokesman, said on Friday that at least 32 tanks and 16 artillery systems, as well as 30 trucks loaded with armed men and ammunition,[…]
No agreement has been entered into with Russia for the construction of nuclear power plants, the energy department said on Wednesday. The document recently signed between South Africa and Russia was an inter-governmental agreement — one of six sought from Russia and five other countries to determine which technologies suited[…]
The South African government would be taking the country down a very reckless path should it go through with plans to invest in nuclear power stations, according to Greenpeace Africa. The awareness group has argued that the planned development will be too costly for the country, and may have a[…]
The energy department on Friday declined to comment on a report that President Jacob Zuma took control of a R1 trillion nuclear deal, negotiated directly with Russian president Vladimir Putin, and instructed Energy Minister Tina Joemat-Pettersson to sign it. “We can’t speak on that. It is unfair that you ask[…]
Russia’s atomic energy agency said Monday it will provide up to eight nuclear reactors to South Africa by 2023 in a $50m strategic partnership between the two countries. The delivery of the reactors will enable the foundation of the first nuclear power plant based on Russian technology on the African[…]
New European Union sanctions targeting Russia over the crisis in Ukraine went into force on Friday, despite the threat of retaliation from Moscow. The sanctions target major oil firms, defence companies and state-owned banks, denying them access to finance in crucial European markets. They also add 24 individuals to a[…]
NATO Secretary General has told the Kremlin to pull back Russian troops from Ukraine and to stop supporting rebels in eastern Ukraine, as leaders from the trans-atlantic military alliance meet in the UK. “We call on Russia to pull back its troops from Ukraine and to stop the flow of[…]
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