Industrial metals continue momentum as investors cheer another better-than-expected inflation report in the US
The unskilled workforce in particular will be affected by the steps the country will be compelled to take
A former senior investigator who worked closely with the public protector on the report accused her of watering it down and removing portions
The premier announced her cabinet after a meeting with the ANC’s deployment committee and its alliance partners
Brown is the latest of several individuals with UK or US nationality to have left the Chinese chipmaker’s board
Credit bureau sees more defaults ahead as central bank increases interest rates
The improved sentiment is a result of increased merchandise export and import volumes and more new vehicles sold, Sacci report says
Soldiers say they killed scores of attackers during hours-long bombardment that included drones, car bombs and artillery in southern Mali
Top swimmers have a rivalry that could develop into one of SA sport’s greatestt
The Italian SUV outguns the Bentley Bentayga's record
The Petroleum Agency of SA (PetroSA) has indicated that the first exploration rights in contemplation of hydraulic fracturing (fracking) may be granted by the end of this month. These will initially only permit exploration for shale gas reserves and, if viable reserves are identified, production rights will need to be obtained before the reserves can be exploited.
The production of shale gas could form an important element of SA’s future energy mix and create much-needed jobs and revenue for the fiscus.
In our experience of exploration and fracking in other jurisdictions and other large infrastructure projects in SA, projects can be stalled by legal process. While this may be inevitable in projects that involve newer technologies such as fracking, operators should consider strategies to minimise the costs and risks of delays by ensuring the concerns and needs of affected parties are tackled and that the outcome is positive for communities, the government and other stakeholders.
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