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The operation will take place under a government subsidy scheme that pays 7.50 dollars per barrel to exporters as long as the world oil price remains below 47.50 dollars. YPF is…
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DOI: 10.1108/OXAN-DB210822
ISSN: 2633-304X
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The appointment follows Minister of Public Enterprises Pravin Gordhan's reconstitution of the Eskom board in January, aimed at restoring credible governance to the utility, which…
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DOI: 10.1108/OXAN-DB234040
ISSN: 2633-304X
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The downward revisions come amid a recent debilitating fuel crisis, with state-owned oil company Sonangol unable to distribute fuel. In response, President Joao Lourenco on May 8…
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DOI: 10.1108/OXAN-DB243974
ISSN: 2633-304X
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South African infrastructure.
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DOI: 10.1108/OXAN-DB251336
ISSN: 2633-304X
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The world’s oil majors were slow to recognise the rise of the shale industry, which was driven by smaller independent producers. Now the majors are following the path forged by…
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DOI: 10.1108/OXAN-DB219975
ISSN: 2633-304X
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The quick return to work forestalls direct government intervention but also underlines how vulnerable the Canadian economy is to transport disruption. Both the agricultural and…
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DOI: 10.1108/OXAN-DB268311
ISSN: 2633-304X
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The contest over wages is a proxy for unions’ broader resistance to the turnaround plan to address Eskom’s parlous financial and operational situation. The outcome will affect…
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DOI: 10.1108/OXAN-DB261676
ISSN: 2633-304X
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Sonangol priorities.
More bailouts for Eskom and other cash-strapped SOEs come amid an ongoing exodus of senior executives. This has raised renewed questions about the willingness and ability of…
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DOI: 10.1108/OXAN-DB245290
ISSN: 2633-304X
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Data released by Statistics South Africa last week also showed economic growth declining by 2.2% quarter-on-quarter, a reminder of the economy’s continued fragility. New President…