The South African National Road Agency (Sanral) continues to collect e-toll fees from motorists in Gauteng, despite the planned scrapping of the system eight months ago.
Author: Staff Writer
Shell and TotalEnergies, two major energy companies based in Europe, are intensifying their efforts to explore a potentially significant oilfield off the coast of Namibia. This signals the industry’s pursuit of new fossil fuel resources despite the global transition to cleaner energy sources.
AngloGold Ashanti has announced that it will place its Córrego do Sítio mine in Brazil into care and maintenance due to poor production and high costs. The mine has been operating since 1989 and accounted for about 2.4% of the group’s first-half production.
The Nigerian Gas Association (NGA) has established a Diversity, Equity, and Inclusion (DEI) group to drive positive change and promote a more diverse and inclusive oil and gas industry in Nigeria.
Nestlé South Africa has made the decision to discontinue Nesquik chocolate and strawberry flavoured milk drinks (250g and 500g) in the country, starting from 21 August 2023.
Nigeria’s Gross Domestic Product (GDP) growth rate in the second quarter of 2023 has slowed to 2.51% compared to 3.54% in the same period in 2022, reflecting a decline in economic performance.
Former Eskom COO Jan Oberholzer emphasized that South Africa’s electricity supply challenges cannot be solved by renewable energy alone. He suggests a “hybrid solution” that incorporates multiple sources of electricity generation.
South African food producers face significant pressure from high interest rates, inflation, and the electricity crisis, which impact their profit margins and increase input costs.
Chery’s premium brand, Omoda, revealed the Omoda C9 at the Festival of Motoring in Johannesburg. The flagship crossover features coupe-inspired styling and a luxurious interior.
Kenyan agri-tech firm Twiga Foods has recently faced challenges, including speculations of a downhill path and redundancy notices to over 250 employees. Despite the ongoing restructuring and staff reductions, Twiga Foods remains committed to its long-term goals and is confident in its strategy to overcome the current challenges it faces in the market.