Total, Glencore and Gunvor are bidding for a 75% stake in Chevron's South African downstream assets, which include a refinery, three industry sources told Reuters on Tuesday.
- Tuesday, 25 October 2016 11:07
- Friday, 21 October 2016 14:55
- Crystal Orderson in Cape Town
South Africa has said it will withdraw from the International Criminal Court (ICC) because its obligations to the body are "incompatible" with its domestic laws.
- Thursday, 20 October 2016 10:31
- Crystal Orderson in Soweto and Cape Town
After losing control of several major cities in August’s local elections, the governing ANC is grappling with its loss of influence and control over spending.
- Tuesday, 18 October 2016 14:20
South Africa's rand rallied more than 1% on Monday as political pressure on finance minister Pravin Gordhan eased and commodity prices steadied, lifting the currency further away from a one-month trough.
South African finance minister's affidavit details $490m in Gupta transactions reported as suspicious
- Monday, 17 October 2016 12:17
South African finance minister Pravin Gordhan has revealed in a court affidavit distributed by the Treasury on Sunday that 6.8bn rand ($490m) in payments made by wealthy brothers Ajay, Atul and Rajesh Gupta, companies they control, and other individuals with the same surname have been reported to authorities as suspicious since 2012.