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News
South Africa Current Account Hits Deficit on Oil Shock
1+ day, 23+ hour ago (352+ words) South Africa's broad external balance flipped hard in the second quarter. The South African Reserve Bank put the shortfall at 2.6% of GDP, or 205.5 billion rand, equal to $12.8 billion. That reverses a 2.3% surplus the quarter before and is the widest quarterly…...
Adnoc Eyes Thai, African Refinery Stakes
5+ day, 9+ hour ago (341+ words) Adnoc is talking with PTT Pcl's refining subsidiaries in Thailand about taking an equity position that would also include contracts to deliver crude and the ability to lift fuels from those plants for onward sale, according to people who asked…...
South Africa's New Price Framework Loosens Eskom's Grip
3+ week, 3+ day ago (596+ words) South Africa's electricity system is getting the biggest shake-up in nearly two decades. The government proposed a major rewrite of electricity pricing on Tuesday, August 18, 2026. The goal is simple: break the century-old grip that state utility Eskom has held on…...
Bolivia Hikes Industrial Diesel Price 84%
3+ week, 4+ day ago (682+ words) Long lines at gas stations have become a regular headache in Bolivia. They are a sign that the country's fuel supply is stretched thin. The government wants to ease the squeeze by charging the country's biggest diesel users a lot…...