Now, Mineral and Petroleum Resources Minister Gwede Mantashe has made an announcement that the government intends to change this. A draft Strategic Petroleum Stocks Policy, to be submitted to Cabinet, proposes that the South African National Petroleum Company maintain reserves equivalent to 60 days of net imports of crude oil
Crises have a way of clarifying what matters. The Hormuz disruption, now well into its fourth month, with global oil markets experiencing what analysts at Wood Mackenzie have described as the largest supply shock in decades, has focused the world’s attention almost entirely on what is blocked: tankers, liquefied natural
Dr. Sizo Nkala The theme of modernisation is becoming increasingly prominent in the discourse on Africa-China relations. At the 2024 Forum on China-Africa Cooperation (FOCAC) Summit held in Beijing, China, modernisation was the main theme, which called on Africa and China to jointly “advance modernisation and build a community with
Since the establishment of BRICS, the member states have significantly increased their high-tech exports, which now account for more than one-third of global supplies, reflecting a shift in technological leadership worldwide. This was stated by Russian President Vladimir Putin at the plenary session of the 29th St. Petersburg International Economic
Kim Heller There is little doubt that Ethiopia’s Prime Minister Abiy Ahmed and his Prosperity Party would win this week’s elections by a huge margin. The pressing question is what comes next. Will Ahmed tighten his iron grip or embrace the need for unity and cooperation? Hopes were high when,
In May 2026, bandits stormed three schools in Oriire Local Government Area, Oyo State, beheading a teacher named Michael Oyedokun in front of his students before abducting children into the forest. The bandits then invaded Baptist Nursery and Primary School, Community Grammar School, and L.A. Primary School in a coordinated
Global energy markets are navigating one of their most complex periods in recent years. While Western sanctions on Russia remain in place following the Ukraine conflict, concerns over oil supply disruptions linked to Middle East tensions have prompted Washington to extend temporary exemptions for certain Russian oil shipments. The decision
BYD’s latest performance highlights the rapid evolution of China’s leading electric vehicle manufacturers into broader technology companies. While the company has recorded its first monthly sales growth in nine months, it is simultaneously positioning itself at the forefront of emerging industries such as artificial intelligence, autonomous driving and humanoid robotics.
Every few years, a virus reminds the world how unprepared it is. Covid-19 did it in 2020. H5N1 bird flu has been doing it slowly and steadily ever since, spreading through animal populations at a pace that keeps virologists awake at night. The Democratic Republic of Congo is currently battling
The United States has once again placed trade policy at the centre of its economic and geopolitical strategy. The Trump administration’s proposal to impose a 25% tariff on a broad range of Brazilian imports under Section 301 of the Trade Act of 1974 represents more than a dispute over market