“It is expected to be granted in the second quarter of 2018,” Lindiwe Mekwe, acting CEO of the Petroleum Agency of SA, told Reuters.
France’s Total stopped drilling off South Africa’s southern coast in 2014 after experiencing mechanical problems with its rig in rough sea conditions.
It operates Block 11B/12B, where...
Acacia’s majority owner, Barrick Gold, said on Thursday it had agreed with Tanzania for Acacia to hand over the money and a 16 percent stake in three of its mines and to split the “economic benefits” from those operations].
The agreement appeared to be the first step towards a resolution...
UK financial regulators and the Serious Fraud Office are to review if banks HSBC and Standard Chartered are linked to a South Africa corruption scandal.
It comes after Lord Peter Hain said the banks may "inadvertently have been conduits" for laundered money.
The Labour peer told the House of Lords that...
African policy makers, leading practitioners and development thinkers have met in Berlin with development partners to formulate common positions on African economic transformation to present to Group of 20 (G20) leaders.
Dubbed “Africa’s Economic Transformation within the Context of the G-20 Partnership with Africa“, the context for the one-day meeting,...