In this superb summation of the facts, retired Supreme Court judge Rex van Schalkwyk explains why Zuma – and his crony capitalist cronies the Guptas – are able to ignore laws that apply to the rest of society.
The Auditor General says only R3.9bn of the supposed R5bn actually made it into the national coffers after #Oilgate.
Energy Minister Tina Joemat-Pettersson will be asked in Parliament next week to account for missing documents in a court case regarding the nuclear energy programme.
After half a century Cuba is only now emerging from a socialist-instilled time-warp. Primarily because long-time funder Venezuela has really serious problems of its own, inherited from the economically destructive policies of the late populist President Hugo Chavez.
In this interview, Warren Buffett, expands upon how he chooses stocks to buy, what influences his decision and when he knows it’s time to sell.
By George Obulutsa NAIROBI (Reuters) – Canadian explorer Africa Oil Corp. and its partner Tullow Oil are likely to bring in a third partner to help develop their oil discoveries in northern Kenya, Africa Oil’s chief executive officer said. The firms discovered oil reserves in Block 13 T and Block 10 BB in northern Kenya’s … Read more
Johannesburg – SAPA Africa’s oil and gas sector shows growth despite regulatory uncertainty and corruption, according to a report released on Wednesday. “As a result of numerous challenges in the market, meticulous planning is required,” PwC Africa Oil & Gas advisory leader Chris Bredenhann said at the release of the report in Johannesburg. The problems … Read more
MILAN (Reuters) – Italian oil and gas group Eni said it signed a deal to explore for hydrocarbons in the Republic of Congo’s coastal basin, expanding its foothold in sub-Saharan Africa’s No. 4 oil producer. At a signing ceremony in capital Brazzaville, new Eni Chief Executive Claudio Descalzi signed the deal for onshore and deep-water exploration acreage with Energy Minister Andre Raphael … Read more