The South African Police Service is increasing its presence along the southern Cape’s coast line, an area known for its beaches and great white sharks, after almost $10 million of cocaine washed ashore.
PetroSA, South Africa’s state oil company, is looking for an acquisition target as it pursues a goal of supplying a quarter of the fuel needs in the continent’s largest economy by 2020, from about 5 percent now.
Transnet SOC Ltd., South Africa’s state transport company, defended its monopoly of the country’s eight ports and said it would make no sense for private operators such as France’s Bollore SA to enter the market.
South Africa is discussing how Russia may supply the nation’s nuclear plant with fuel, plug an energy gap with liquefied natural gas shipments, and help process its mineral sands into titanium, Trade Minister Rob Davies said.
PetroSA, South Africa’s state-owned oil company, is considering buying the controlling stake in Engen, the country’s biggest fuel retailer, now held by Malaysia’s government, according to two people with knowledge of an announcement made to Engen staff.