Tag Archives | oil
“Fundamentally, there’s little to suggest the market is due for an upside correction anytime soon. […]
Oil price benchmarks traded lower in June and early July as both fundamental and technical indicators […]
Probable Scenario: 1 The world has developed very dynamically, especially in China and India. Global energy […]
The vastness of Africa’s potential has been evident for centuries. Blessed with ample resources, rapidly […]
By Seyi Bickersteth, Chairman, KPMG Africa and National Senior Partner of the Nigerian Practice The reality […]
Assessing talent risks With the spate of payroll reductions and project postponements that have come […]
Automotive Manufacturing Plants prepare to expand in Africa While the South African automotive market looks […]
Oil benchmarks remained volatile in February and early March as competing market fundamentals continued to […]
National participation in the development of a country’s resource base is an important goal throughout Africa. To move beyond a symbolic presence in the upstream and play an effective, meaningful role, national oil companies (NOCs) require a clear mandate and sufficient resources, and the support of government.
Nigeria continues as the key player, ranking as the world’s 13th biggest oil producer, and the continent as a whole produces significantly more oil than it consumes.
Nigeria, a country almost three times the size of Germany, is endowed with bountiful energy resources such as gas, coal and oil, yet the state continues to experience a chronic power shortage.
Delta International Property Holdings, the first JSE listed property fund offering investors direct access to high growth markets in Africa, is targeting properties in Ghana and Nigeria, with an acquisition pipeline of $200m having been identified.
Nigeria’s foreign investment story is a riveting one, with figures escalating at an unprecedented rate as the country’s GDP and reputation as an emerging market mecca continue to grow.
Cameroon has cut some of its costly fuel subsidies, a move that will please international donors calling for reforms, although similar moves have been reversed in the past due to the threat of protests against subsequent price rises.
Africa Brief: Global investors losing out on Africa, Harare will not rush to return to its currency and more…
Global investors are missing great opportunities by not considering Africa for investment, with opportunity costs of up to $1.5bn being faced by those not investing in emerging markets.
Investors establishing enterprises in an African nation or nations will soon find that the tax mix throughout Africa varies greatly from country to country, with some countries relying almost solely on one type of tax, while others have a more balanced approach to taxation.
With daily blackouts and crumbling power infrastructure that has until recently seen little or no investment in over three decades, Nigeria has been christened the Generator Republic. Most households and virtually all serious businesses have resorted to self – help, investing heavily in generators and other back-up power systems to meet their daily electricity needs.
Barclays Africa Group is looking to dispose of about R400m assets this year as part of its strategy to exit noncore activities and reduce risk to revenue. The retail and business banking unit is looking to dispose of investment properties while the head office has a number of assets classified as property within corporate real estate services that are classified as held for sale.
Section 70 (d) makes reference to the schedule to the Act which contains information as to specific Nigerian content level that must be achieved by operators in the industry.