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By Ebrahim Moolla

South Africa’s proposed compulsory petroleum reserves could protect the economy from supply shocks, but the price of that protection remains unresolved. The country plans to replace voluntary fuel stockholding with a mandatory system shared by the state and private industry.

In its detailed provisions, the draft Strategic Petroleum Stocks...


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Ebrahim Moola

ADNOC Distribution has agreed to acquire Shell Downstream South Africa in a deal valued at about $1 billion, marking a major ownership shift in Sout...


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Ebrahim Moola

South Africa’s private sector returned to marginal growth in June, but economists are warning businesses against mistaking a modest improvement for a full economic recovery.

The latest


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South African companies are preparing for new Companies Act requirements that will require businesses to disclose pay gap ratios between their highest and lowest earners. While the move has been widely welcomed as a step towards greater transparency, remuneration specialist Martin Hopkins believes the figures should be interpreted with caution.

According to Hopkins,...


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