Flash Briefing: SA govt plans to grab 20% of oil and gas businesses; white people, dogs 'rescued first' - Isis attack
Loading player...
* South Africa wants a free 20% stake in oil and gas exploration and production ventures under a new upstream petroleum bill, which allows the minister to reserve petroleum blocks for Black investors, a copy of the bill seen by Reuters showed on Friday.
* White people were given preferential treatment for evacuation in a March air rescue when Mozambique's Palma town was raided by Islamic State-linked fighters, rights group Amnesty International alleged.
* The ANC tax scandal is a far bigger deal than has been reported so far, says Democratic Alliance leader John Steehuisen.
* Rio Tinto Group’s South African operation is facing the loss of a large bloc of Black investors, a move that would leave it below the legal minimum for Black ownership, two people familiar with the situation told Bloomberg.
* Sasol Ltd. agreed to sell a 30% stake in a natural gas pipeline running from Mozambique to South Africa for as much as 5.1 billion rand ($361 million) in order to pay down debt, says Bloomberg. Learn more about your ad choices. Visit megaphone.fm/adchoices
* White people were given preferential treatment for evacuation in a March air rescue when Mozambique's Palma town was raided by Islamic State-linked fighters, rights group Amnesty International alleged.
* The ANC tax scandal is a far bigger deal than has been reported so far, says Democratic Alliance leader John Steehuisen.
* Rio Tinto Group’s South African operation is facing the loss of a large bloc of Black investors, a move that would leave it below the legal minimum for Black ownership, two people familiar with the situation told Bloomberg.
* Sasol Ltd. agreed to sell a 30% stake in a natural gas pipeline running from Mozambique to South Africa for as much as 5.1 billion rand ($361 million) in order to pay down debt, says Bloomberg. Learn more about your ad choices. Visit megaphone.fm/adchoices
