South African Reserve Bank
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 […]
FNB has maintained the 7% leading rate, this is coming after the interest rate of South African Reserve Bank. The decision was made by SARB in the late hours of Thursday. FNB will audit its situation after the following SARB Monetary Policy Committee meeting in March 2021. Remarking on the MPC declaration, Chief Economist at […]