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Wendell Roelf

South Africa poised to adopt plan to boost local car industry suppliers

Oct 18 2018

CAPE TOWN South Africa is likely to adopt new plans for the country's car industry in December which aim to increase the local content of assembled cars to 60 percent by 2035 from around 38 percent now, a cabinet minister said on Thursday.

S.Africa poised to adopt plan to boost local car industry suppliers

Oct 18 2018

CAPE TOWN, Oct 18 South Africa is likely to adopt new plans for the country's car industry in December which aim to increase the local content of assembled cars to 60 percent by 2035 from around 38 percent now, a cabinet minister said on Thursday.

UPDATE 2-South Africa's Treasury says recession, falling revenue hurt public finances

Oct 16 2018

* Moody's to release review after next week's budget (Adds treasury official's comments on ratings, analyst)

Former South African central bank governor Mboweni takes over as finance minister

Oct 09 2018

CAPE TOWN South African President Cyril Ramaphosa said on Tuesday that he had accepted the resignation of Finance Minister Nhlanhla Nene and appointed former central bank governor Tito Mboweni as his replacement. | Video

South Africa's service industry looks to cash-in on Brexit uncertainty

Oct 03 2018

CAPE TOWN, Oct 3 South Africa’s burgeoning call services sector, which gets more than half its work from Britain, could attract larger inflows as the impact of Brexit weighs and firms seek savings by moving operations offshore, industry officials said on Wednesday.

East, West Africa lead continent's fertilizer uptake push

Sep 25 2018

CAPE TOWN, Sept 25 Africa’s annual fertilizer consumption is expected to reach 13.6 million metric tonnes of nutrient by 2030 from 7.6 mmt now, with East and West Africa fast growth areas as farmers look to boost crop yields, industry analysts CRU said on Tuesday.

South African phosphate miner plans London IPO by year-end - CEO

Sep 25 2018

CAPE TOWN, Sept 25 South African phosphate miner, Kropz, is on track to list on London's AIM Stock Exchange by the end of the year as it prepares for first production from its main asset in 2019, its chief executive said on Tuesday.

UPDATE 2-South Africa's cabinet approves new mining charter

Sep 20 2018

* Moves could help to kick-start investment -analysts (Adds industry, analyst, details)

Equatorial Guinea to launch new oil and gas bid round in January

Sep 05 2018

CAPE TOWN Equatorial Guinea will launch a new oil and gas exploration bidding round early next year and may refuse extensions of existing licences to oil companies unless they collectively invest a minimum of $2 billion (1.6 billion pounds) in the country, the oil minister said on Thursday.

Equatorial Guinea to launch new oil and gas bid round in January

Sep 05 2018

CAPE TOWN Equatorial Guinea will launch a new oil and gas exploration bidding round early next year and may refuse extensions of existing licenses to oil companies unless they collectively invest a minimum of $2 billion in the country, the oil minister said on Thursday.

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