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Gulf hostilities flared again on Wednesday, with an Iranian missile attack damaging Kuwait's airport and the US military carrying out strikes near the Strait of Hormuz, as diplomacy between...
Much has been written in recent weeks about the geopolitical factors now driving the energy transition. Particular attention has been given to how the attack on Iran by the US and Israel, which...
South Africa's central bank raised its key interest rate by 25 basis points to 7% on Thursday, saying the decision was aimed at managing risks and ensuring that inflation returns to target. The...
Chinese firms are accelerating the pace at which they propose new coal-fired power plants, even as the government moves to rein in growth after the rapid expansion in recent years. Companies...
South African inflation accelerated sharply in April, increasing the likelihood that the central bank will hike interest rates when it meets to assess its monetary policy stance next week. Headline...
South Africa's Valterra Platinum has managed to maintain healthy inventory levels of critical operational inputs, such as diesel and lubricants, despite uncertainty created by the US-Israeli war on...
Fatih Birol, head of the International Energy Agency, said on Monday that commercial oil inventories were depleting rapidly with only a few weeks' worth left due to the Iran war and the closure of...
Oil prices extended gains on Monday as efforts to end the Iran war appeared to have stalled, after a nuclear power plant in the United Arab Emirates came under attack and as US President Donald...
South Africa is experiencing its third energy crisis of this decade. While electricity loadshedding has been a threat for far longer, the most extreme phase was definitely during 2022 and 2023,...
In the first quarter of 2026, South Africa’s unemployment rate rose to 32.7% from 31.4% in Q4 of 2025, according to data from Statistics South Africa.
Goldman Sachs expects South Africa to raise interest rates twice this year after previously seeing a series of cuts, as the Iran war fans inflation risks around the world. The bank forecasts...
Seaborne thermal coal prices in Asia rallied in the wake of the US and Israeli war against Iran, but the gains are modest and nowhere near the size seen during the crisis created by Russia's...
Light commercial vehicle original-equipment manufacturer (OEM) Foton affords small and medium-sized enterprises (SMEs) access to electric vehicle (EV) options to mitigate the impact of high fuel...
South Africa has not escaped the fuel price shocks associated with disruptions to shipping in the Strait of Hormuz energy corridor and the damage to refinery and other infrastructure in the Gulf....
State-owned miner Coal India reported a larger-than-expected quarterly profits on April 27, driven by higher prices and a pickup in demand from customers ahead of peak summer season, as a gas...
Brent oil prices rose as much as 7% on Thursday on a report the US is considering potential military action against Iran to break the deadlock in negotiations to end the war, increasing concerns of...
Gold demand, including over-the-counter (OTC) demand, increased by 2% year-on-year to 1 231 t for the quarter ended March 31, mainly as a result of higher bar and coin demand, the World Gold...
Industry organisation the Airlines Association of Southern Africa (AASA) calls on fuel suppliers, depots, airports and governments in the region to urgently share their contingency fuel allocation...
The South African rand was steady in early trade on Friday, as stalled peace negotiations between the US and Iran dampened hopes for an immediate easing of Middle East tensions, while domestically...
South Africa’s diesel price is set for another painful increase in May, driven by the ongoing US-Israel war against Iran and its knock-on effect on global oil markets.
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