The South African National Petroleum Company (SANPC) has reached a major milestone in its formation, officially welcoming 402 employees from key subsidiaries of the Central Energy Fund (CEF)—namely iG...
Sibanye Stillwater announced on Friday that the estimated cost of its Keliber lithium project in Finland has risen by 17% to €783 million ($880 million), largely due to expanded regulatory requirement...
Oil production by the Organisation of the Petroleum Exporting Countries (OPEC) dipped slightly in April, despite a planned increase in output, according to a Reuters survey published on Thursday. The ...
Nigeria’s Senate has approved a series of tax reform bills aimed at increasing government revenue, advancing President Bola Tinubu’s economic agenda despite dissent within his own All Progressives Con...
South Africa’s Absa Group has announced that its chairman, Sello Moloko, will step down from his position on 15 July to allow for a leadership transition. René van Wyk has been named as his successor,...
Ghana’s annual consumer inflation continued to ease in April, dropping to 21.2% from 22.4% recorded in March, marking the fourth consecutive monthly decline, according to data released by the Ghana St...
The South African National Petroleum Company (SANPC) is now officially open for business, following a one-week delay to its initial launch. The company, together with its parent organisation, the Cent...
Kenya’s government has ruled out introducing new taxes or raising existing ones in its upcoming 2025/26 budget proposals, Finance Minister John Mbadi announced, following last year’s deadly unre...
Toyota Motor has announced that it anticipates a 20 percent drop in profit for the current financial year, as the weakening U.S. dollar and the impact of President Donald Trump’s tariffs place pressur...
Shipping giant A.P. Moller-Maersk has issued a warning that global container volumes may decline this year due to escalating geopolitical tensions and the ongoing trade conflict, particularly between ...