While no one is willing to get involved in exploiting oil in war-torn Sudan, South Africa has decided to invest R14bn in the industry. The investment, which is widely regarded as extremely risky, can apparently be valuable while sanctions can cause oil and oil exports by Venezuela and Iran to be temporary. The South African..
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ANC-regime invests R14 billion in war-torn Sudan, this step is considered extremely risky due to Jeff Radebe’s engagement with the signing of the agreement
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Energy fund faces ruin if state mining company moves to Zwane’s department.
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The Central Energy Fund (CEF) faces financial ruin when Energy Minister Mmamoloko Kubayi hands the state’s mining company, African Exploration Mining and Finance Corporation, to the department of mineral resources. This will take place in the few months left of this financial year. Sources in the department have told the Mail & Guardian it will..
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