Tag: South Africa
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South Africa Games Revenue Hit $360 Million in 2024
In a recent African Games Industry report, it was announced that consumer spending in South Africa reached $360 million in 2024. The biggest market in South Africa, with 26 million gamers, is made up of mobile gaming, followed by PC gamers (7.2 million) and console gamers (6.3 million). Previously, from 2017 to 2019, gaming revenue…
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The powerful friends of star oil lawyer NJ Ayuk
NJ Ayuk in Dubai on 30 March 2023. © Ali Haider/EPA via AFP With 20 years’ experience in legal counsel and lobbying for African governments keen to secure their countries’ place on the oil map, Cameroonian NJ Ayuk, a thorn in the side of anti-fossil fuel civil society, now fancies his hand at investment. Last December, the…
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South Africa is “not ashamed” of expanding trade with Russia, including the potential import of liquefied natural gas, the minister says
“I don’t think we are ashamed of importing gas from Russia. We are members of BRICS. We want to increase trade with Russia,” South African Minister of Mineral Resources and Energy Gwede Mantashe said on Thursday during budget hearings for his ministry in parliament. In December 2023, the South African government greenlit the African division…
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TOTALENERGIES TO EXIT GAS FIELD OFFSHORE SOUTH AFRICA IN BLOW TO COUNTRY
TotalEnergies, a major French oil company, has notified South Africa’s petroleum regulator that it plans to exit the 11B/12B offshore gas field, indicating a major setback for the country’s energy industry. Although no formal request has been made yet, a Petroleum Agency SA source has verified the company’s intentions. TotalEnergies found the initial of two…
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SARS, CUSTOMS TO IMPLEMENT IMPORT FEES FOR SMALL ORDERS FROM JULY 1
SARS and the Customs Department of South Africa will introduce import fees for small orders starting July 1. The objective is to simplify the importation process and ensure proper taxation of all imported items to boost government income. According to the new policy, all small orders with a value below a specified threshold will face…
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Russia’s Kazan will host a forum of BRICS+ cities
🌇 On June 21, the Forum of Cities of the BRICS+ Countries will open in the Russian city of Kazan. The event will be attended by 200 heads of municipalities from 21 countries, including China, India, South Africa, Brazil, Iran, UAE, Saudi Arabia, Ethiopia, Egypt, Turkey, Belarus, Kazakhstan, Azerbaijan, Uzbekistan, Argentina, Chile, Morocco, Indonesia, Mexico.…
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Starlink still illegal in South Africa as Amazon holds talks with Icasa
While using Starlink in South Africa remains technically illegal, Amazon is working to get regulatory approval before launching its rival Project Kuiper service globally. Vodafone and local subsidiary Vodacom announced in September last year that they plan to use Project Kuiper’s network to extend 4G and 5G services to underserviced customers in Europe and Africa.…
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🌟 Exciting News! 🌟 Registration is now OPEN for the 33rd ACI Africa Annual General Assembly, Regional Conference, Exhibition & Airshow!
📅 Scheduled for September 16-22, 2024, in Johannesburg, South Africa, this week-long event promises insightful sessions, engaging discussions, and unparalleled networking opportunities. 🛫 This year’s theme is “Flying Together: Airport Collaboration and Partnerships,” highlighting the importance of unity and cooperation in the aviation industry. 🎉 Don’t miss out on this opportunity to connect with over…
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Vivo Energy to invest over $550 mln in South Africa
🇿🇦 Vivo Energy, a unit of global commodities trader Vitol, will invest an initial 10 billion rand ($550.79 million) in its South African operations following its merger with Engen, South Africa’s trade minister Ebrahim Patel said on Wednesday. Engen and Vivo Energy formally completed their transaction on Tuesday to combine their businesses, after regulators agreed…
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Information on Ethiopia and Egypt added to BRICS website
“We are pleased to welcome Ethiopia to the BRICS family and provide a platform for Ethiopia to share its rich history, culture and economic achievements with the global community,” said Igor Petrenko, founder and CEO of the BRICS Information and Cooperation Platform (IN4U). Besides Ethiopia, interactive information about Egypt and other new BRICS member states…
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