Climate change poses the most significant threat for South African insurance companies and risks raising premiums and the cost of reinsurance, a top official at its biggest insurer by assets said. After staying almost flat in the decade to 2020, …
JOHANNESBURG (AP) — An elevator suddenly dropped around 200 meters (656 feet) while carrying workers to the surface in a platinum mine in South Africa, killing 11 and injuring 75 — 14 of them critically, the mine operator said Tuesday. …
MOMBASA, Kenya (AP) — The fatal floods that wreaked havoc in South Africa in mid-April this year have been attributed to human-caused climate change, a rapid analysis published Friday by a team of leading international scientists said. The study by …
JOHANNESBURG (AP) — Declaring a national state of disaster, South Africa has allocated $67 million to help those hit by floods that have killed at least 443 people in the eastern city of Durban and the surrounding KwaZulu-Natal province. Nearly …
JOHANNESBURG (AP) — Prolonged rains and flooding in the Durban area of South Africa have claimed the lives of at least 45 people, damaging the port, major highways and surrounding areas in KwaZulu-Natal province, according to local officials. South Africa’s …
CAPE TOWN, South Africa (AP)–The fire that has already destroyed South Africa’s main Parliament chamber flared up again Monday about 36 hours after it started in the 130-year-old complex of historic buildings, authorities said. Firefighters have been sent back to …
JOHANNESBURG, — South Africa’s Supreme Court of Appeal has ruled Santam is liable to cover the impact of COVID-19 restrictions on hotel group Ma-Afrika for 18 months, rejecting the insurer’s request for a shorter time frame on the claim, Santam …
JOHANNESBURG (AP) — The rioting that erupted in parts of South Africa in July over former President Jacob Zuma’s imprisonment caused damage worth $1.7 billion (25 billion rand), according to the state insurance company handling the claims. More than 300 …
JOHANNESBURG — South Africa’s only insurer covering political violence will increase its premiums to cover a rise in reinsurance costs following some of the worst unrest in decades, the head of the state-owned company told Reuters. More than 300 people …
Fire crews had largely contained a big wildfire on the slopes of Cape Town’s Table Mountain on Tuesday as the city started to come to terms with the damage caused by what officials described as one of the area’s worst …