Cyril Ramaphosa, South Africa’s head of state and president of the African National Congress (ANC), is expected to stand for re-election as ... party leader in December. But behind the scenes, several rivals are sharpening their weapons and arguments.
South African chemicals and energy giant Sasol has hired a seasoned mining hand to resolve challenges at its coal mines as the company mulls ... the resumption of a dividend and weighs the future of its oil refinery.
Sapref, majority-owned by BP and Shell, is the Durban-based crude oil refinery that supplies 30% of South Africa's petroleum needs. Its planned ... indefinite closure has been welcomed by environmentalists, while the industry warns of jobs at risk.
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President Cyril Ramaphosa hopes that the business sector will dig the country out of its current stagnation, sentiments that have been praised ... and criticised in equal measure. His plans to further invest in the private sector by rolling out a major infrastructure project comes in the wake of South Africa's unemployment crisis – the worst since 2008 - alongside an extended period of low growth.
Despite discussions between the two parties, no compromise has been reached regarding the share of foreign employees in the Huawei workforce ... (around 90%, according to the South African government). The matter is now before the courts.
Forecasts from the International Energy Agency (IEA) that South Africa’s coal consumption is set to increase show that not enough is being ... done to make the transition to renewable sources happen, analysts say.
Former South Africa President Jacob Zuma is back in court – this time on arms dealing charges. However, with Zuma already jailed in 2021, there ... are fears of renewed violence from supporters who remain heavily invested in a leader they see as being railroaded by the authorities.