The government has reached an agreement with oil giant Saudi Aramco for the construction of a $10bn (about R147bn) refinery at Richards Bay, north of Durban, mineral resources & energy minister Gwede Mantashe said in Cape Town on Thursday.

The project has been in the offing since a visit by President Cyril Ramaphosa to Saudi Arabia in July 2018, when a pledge for the investment into SA was made...

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