R/€ = 14.20
R/$ = 11.56
Au 1198.15 $/oz
Pt 1201.00 $/oz
Dec 04, 2014
Nigeria has slashed the oil price assumed in its 2015 budget by 11% to $65 a barrel from $73, in light of lower world oil prices, a Finance Ministry spokeswoman said on Thursday. It was the second time in a month the benchmark has been cut, after initially being...
Jun 01, 2012
The fact that world crude oil production has been stagnant since 2005 is now commonly acknowledged. But for all the world’s net oil-importing countries – including South Africa – the crucial oil supply variable is total world oil exports, rather than total world oil...
Jun 29, 2011
Senior Angolan cabinet members will once again head up a high-level, expert government delegation addressing prospective investors at the annual iPAD* Angola investment forum which is taking place in Luanda, Angola from 13-16 September. The conference and exhibition...
Apr 07, 2011
The World Trade Organisation (WTO) said that the volume of exports in 2011 world trade growth should settle at about 6,5%, which was modest compared with 2010’s record breaking 14,5% surge in export volumes. “The sharp rise in trade volumes last year enabled world...
Aug 27, 2010
Mozambique represents a significant investment opportunity in the gas industry owing to its substantial reserves of natural gas and strategic location as a gateway to the Middle East and Far East. This has been highlighted in the ‘Southern African Oil and Gas Market’...
Nov 14, 2007
After more than two decades of economic decline and stagnation, African economies have started to grow in tandem with the rest of the world, and this, a World Bank economist said, could partly be attributed to improved macroeconomic policies.