Business

Wed,21Feb2018

Business

South Africa eyes BRICS partners to build new $10 billion refinery

An oil refinery is seen with Table Mountain in the background, Cape Town, South Africa, Wednesday, Feb 8, 2012. Photo: Schalk van Zuydam/AP/SIPASouth Africa wants the national oil companies of its BRICS partners to help build a new 400,000 barrel per day refinery that will be structured by senior debt and equity, energy minister David Mahlobo said on Tuesday.

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Republic of Congo: Gunvor, the Kremlin, oil and corruption

rsz repcongo gunvor

Swiss courts are investigating a series of opaque business deals linking members of the Brazzaville elite and a major commodities trader

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Kenya's Mombasa port traffic up 10 pct in Jan-Sept

A port police patrol boat and a Kenya Ports Authority tug boat escort the Singapore registered MV York on its arrival at the port of Mombasa, Kenya, March 13, 2011. Photo: AP/SIPAKenya's main port, Mombasa, handled 10.6 percent more cargo in the first nine months of this year, helped by an expansion of its handling capacity and a new railway system, the port’s management said on Monday.

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Kenya Airways narrows pretax loss, plans U.S. flights next year

Kenya Airways is part-owned by Air France KLM, who's logo is seen here, in Paris, July 26, 2013. Photo: AP Photo/Jacques BrinonKenya Airways reduced first-half losses by 20 percent, helped by cost cuts, and will start flights to New York next year, its new chief executive said on Friday as the company presses ahead with its turnaround.

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Kenya Airways narrows pretax loss, plans U.S. flights next year

Kenya Airways is part-owned by Air France KLM, who's logo is seen here, in Paris, July 26, 2013. Photo: AP Photo/Jacques BrinonKenya Airways reduced first-half losses by 20 percent, helped by cost cuts, and will start flights to New York next year, its new chief executive said on Friday as the company presses ahead with its turnaround.

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China will not change friendly policy toward Zimbabwe: FM spokesman

 A military vehicle is seen on a street in Harare, Zimbabwe, Thursday, Nov. 16, 2017. Photo: AP/SIPAA Chinese Foreign Ministry spokesman said on Thursday that China will not change its friendly policy toward Zimbabwe.

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Angola president dismisses Sonangol chair Isabel dos Santos

Angola's then defence minister and now President, Joao Lourenco, shows his ink-stained finger after casting his vote in Luanda, Angola, Aug. 23, 2017. Photo: Bruno Fonseca/AP/SIPAAngolan President Joao Lourenco dismissed Isabel dos Santos as chair of the state oil company Sonangol on Wednesday, in a dramatic move against the family of the former president.

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