Tag: South Africa
With recent major gas discoveries in Tanzania, Mozambique, Senegal, Mauritania and South Africa, Africa is poised to use gas technologies that are faster, more reliable, more cost-effective and more environmentally-friendly than coal or oil. To ...
South Africa’s 2019/20 tax revenues could be “significantly lower” than budgeted for and it may need to borrow more than planned, Finance Minister Tito Mboweni said on Tuesday. Speaking while addressing parliament on a special ...
South Africa’s seasonally adjusted Absa Purchasing Managers’ Index for June rose as business activity and new sales orders edged higher, the survey showed on Monday. The index, which gauges manufacturing activity in Africa’s most industrialised ...
South Africa’s foreign direct investment swung to inflows in the first quarter from outflows in the final quarter of last year as domestic private firms received equity and debt funding from foreign parent companies. The ...
South Africa’s rand slipped on Thursday, as investors were unnerved by an investigation into a donation for President Cyril Ramaphosa’s 2017 campaign, leader of the governing African National Congress (ANC) party. Ramaphosa has said he ...
Mr Bobby Moroe, Acting South African High Commissioner to Nigeria has tasked South Africa and Nigeria to pioneer the processes of industrialisation, trade and investment on the African continent. Moroe gave the charge while addressing ...
South Africa’s President Cyril Ramaphosa said on Wednesday the government would speed up economic reforms to revive an ailing economy and attract foreign investors, after his African National Congress party won re-election. Ramaphosa told investors ...
Activity in South Africa’s private sector grew in April, a survey showed on Monday, with easing electricity blackouts off-setting a slide in businesses selling prices. IHS Markit’s Purchasing Managers’ Index (PMI) jumped to 50.3 in ...
The signing of the new exploration and production sharing agreement (EPSA) between South Sudan and South Africa’s Strategic Fuel Fund (SFF) is a boost to the oil sector and promotes peace and stability within the ...
Gas discovery in the offshore Outeniqua Basin speaks to South Africa’s hidden oil & gas potential; gives an opportunity for a meaningful dialogue on attractive legislation and local content development. The African Energy Chamber (AEC) ...
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