Mozambique’s long-held dreams of natural gas have got a fresh boost following an estimated $1.1 billion contract award by ExxonMobil for the Rovuma LNG Phase 1 project in Mozambique’s Cabo Delgado region. The signing of the contracts represents a big leap towards FID for the project, whose objective is to build onshore LNG facilities with […]
South Africa’s largest trade unions held nationwide marches on Wednesday to protest the high level of job destruction, the poor state of transport, corruption and the lack of measures to combat the deep crisis generated in Africa’s second largest economy by the pandemic. The national strike hit key sectors such as transport, industry or education […]
While ANC leaders often face criticism for putting the party ahead of the country’s economic and social well-being, the ANC Veterans League says it will take a strong ANC to save South Africa. On Monday, Veterans League president Snuki Zikalala said the party’s infrastructure needed to be firmed up for it to play a more […]
President Cyril Ramaphosa should be congratulated for heeding the call for him to speak out and stop the confusion caused by his ANC comrades over the future of the central bank. This is what is expected of the head of state, taking immediate action when things go wrong. His statement yesterday reasserting the independence of […]