Zuma signed Russian nuclear deal

President Jacob Zuma personally negotiated with Russian President Vladimir Putin to have Rosatom State Atomic Energy Corporation build nuclear power stations worth R1-trillion in South Africa, the Mail and Guardian reported.

According to the report, President Zuma had started the … Read the rest

Nuclear trumps shale and gas

The signing in Vienna – at the margins of the 58th session of the International Atomic Energy Agency General Conference – of a strategic nuclear partnership between Russia and South Africa, has met with criticism from the mining sector.

The … Read the rest

Brazil, Angola strengthen strategic partnership

Brazil has offered Angola a new credit line worth $2-billion for use in the sub-Saharan African country’s energy and construction sectors, Angolan Finance Minister Armando Manuel said on Monday.

Several Brazilian companies are involved in energy and construction in Angola, … Read the rest

Brazil has offered Angola a new credit line worth $2-billion for use in the sub-Saharan African country’s energy and construction sectors, Angolan Finance Minister Armando Manuel said on Monday.

Several Brazilian companies are involved in energy and construction in Angola, … Read the rest

Sasol axes shady BEE partner

sasol2Petrochemical giant Sasol has pulled the plug on a shady empowerment deal with union boss Simon Mofokeng and wife Maureen after Business Times exposed how they used fake documents to clinch contracts worth over R300-million.

But this still leaves questions … Read the rest

Bright future for SA with shale and solar: Mothlanthe

oilshaleSouth Africa can become one of the fastest-growing economic hubs in the world if it exploits its natural resources, Deputy President Kgalema Motlanthe said on Monday.

 

“Fortunately for South Africa, we have among the best solar energy resources in … Read the rest