Nigeria's government has postponed a plan to end costly fuel subsidies, saying the timing was not right, a year before the presidential election. Under pressure over its budget, Nigeria had proposed removing...
B2Gold Mining Investments Limited and B2Gold Namibia will shell out N$117 million to increase their shareholding in gold mining subsidiary Razorback Gold Mining to 100% by exercising a call option. Under the...
Shell has made a significant oil and gas discovery at an closely-watched offshore well in Namibia which could spark a wave of investment in the southern African country, three industry sources told...
Nigeria's giant new Dangote oil refinery will start processing crude in the third quarter of this year. Mechanical work on the refinery is complete and "hopefully before the end of third quarter...
A state-of-the-art liquid hydrogen tanker readied for loading in Australia Friday ahead of shipment to Japan, in what Canberra described as a "world first" trial of the technology. The Suiso Frontier is...
South African consumers face little reprieve in the coming months as both fuel and food prices look to creep higher, says Investec chief economist Annabel Bishop. Commenting on Statistics South Africa’s latest...
Dutch energy giant Vitol, has progressed its bid to buy out shareholders in JSE-listed Vivo Energy shareholders, which distributes Shell and Engen branded fuels and lubricants in Africa, and has obtained key approval...
De Beers pushed through one of its most aggressive diamond price increases in recent years as the world’s biggest producer of the stones cashes in on a buying frenzy for uncut gems....
Canadian-based international gold mining company Dundee Precious Metals says its Namibian operations, Dundee Tsumeb processed approximately 189,700 tonnes of complex concentrate in 2021. According to preliminary production results for the three and...
While load-shedding has been a headache for households and businesses across SA in 2021, the rampant power outages have been a great opportunity for electrical manufacturer Ellies, which has capitalised on the...
