Business

Sonangol’s new drilling rig was baptized in South Korea

Angolan oil and gas company, Sonangol, on Thursday named a new drilling rig to operate in deep waters, ultra-deepwater and the pre-salt layer, in Busan, South Korea, according to the Angolan press. ...Read More

Regional integration key in solving energy problems in Southern Africa: S. African minister

Johannesburg - With pressing problems confronting Southern African countries in the energy industry, regional collaboration could be the key in alleviating these challenges, said a South African minister on Tuesday. ...Read More

Mozambique to recover economically despite cyclone - IMF

Johannesburg - Despite the likely adverse macroeconomic effects of Cyclone Idai, Mozambique expects a recovery in economic activity over the medium-term, boosted by gas production, the International Monetary Fund (IMF) has said. ...Read More

Massive food shortage to hit Botswana

Gaborone - Botswana’s vulnerable households are expected to be hardest hit by the increased food insecurity in the country that will last until next year. ...Read More

European leaders press for fairer trade relationship with China

Paris - Europe’s top leaders told President Xi Jinping on Tuesday they wanted a fairer trading relationship with China, signalling an openness to engage with Beijing’s “Belt and Road” infrastructure project if it meant more access to the Chinese market. ...Read More

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