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Revised Trade Offer to U.S. Aims to Lift High Tariffs
South Africa is preparing a revised trade proposal to present to the U.S. in hopes of reducing a 30% tariff on its exports—the highest rate in sub-Saharan Africa. The new offer addresses concerns raised in the 2025 U.S. National Trade Estimates Report, marking a potential reset in stalled n…Read More
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People are going to lose jobs because of this
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TotalEnergies Permit Scrapped Over Flawed Impact Assessment
A South African court has rescinded the environmental permit granted to TotalEnergies and Shell for oil exploration offshore (Block 5/6/7, between Cape Town and Cape Agulhas), citing inadequate socio-economic impact assessments—especially regarding oil spills and climate effects. T…Read More![B93FED59 B664 4AC6 829E EC29E730EC3C]( "Thandaza")
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Glencore Raises Alarm Over Cobalt Oversupply
Congo’s extended cobalt export ban may cause Glencore to leave much of its output unsold by the end of 2025. The company has been stockpiling cobalt in DRC due to the ban aimed at controlling oversupply and setting up a quota system. Despite this, Glencore expects no significant financial impact and p…Read More![BC779C34 45A5 4157 915C BD5A442CC5B4]( "Thandaza")
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