Business

Call for more investment in renewable energy

Lusaka - Landlocked Developing Countries (LLDC) have great potential for the production of renewable energy if well harnessed, and there is a need for more investment in the sector as the energy access by landlocked countries remains low to meet demand for both industry and domestic use. ...Read More

Angola is next in line for SA energy companies’ regional expansion

JOHANNESBURG - As Angola works in attracting foreign investors from the Americas, Europe, the Middle East and Asia, its closest African neighbours are also entering the race to tap into vast investment opportunities in Africa’s second biggest oil producing market. ...Read More

Chevron abandons bid for Anadarko

Maputo – The Chevron Corporation has abandoned its bid to buy Anadarko Petroleum, the US company at the head of the consortium to develop a liquefied natural gas (LNG) project in Area One of the Rovuma Basin, off the coast of the northern Mozambican province of Cabo Delgado. ...Read More

Gonarezhou goes 'green' to offset electricity challenges

ONE of Zimbabwe’s leading tourist attractions, the Gonarezhou National Park, has embraced solar energy in the wake of insufficient electricity supply in the Southern African country. ...Read More

Sub-Saharan Africa stocks bullish in Q1

Southern Times Correspondent Harare. — The first quarter of 2019 saw most of the SubSaharan African stock markets recording positive returns. The regional stock markets exhibited bullish trends with the Kenya, Uganda and South Africa stock exchanges gaining 12 percent, 8 percent and 5 percent in the quarter. ...Read More

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