Energy Minister Prince Abdulaziz bin Salman says capacity restored after major attack last month. Published On 6 Oct 20266 Oct 2026 Saudi Arabia’s energy minister has said that oil pumped through the key East-West Pipeline reached a capacity of 5.8 million barrels a day (bpd). Prince Abdulaziz bin Salman made the comments during a panel…
Dangote Group and Ethiopian Investment Holdings will invest $660 million in a petroleum-products pipeline connecting landlocked Ethiopia with Djibouti’s coast, adding new fuel storage and transport infrastructure to one of East Africa’s main trade corridors. The project was announced by Ethiopian Prime Minister Abiy Ahmed alongside Djibouti President Ismail Omar Guelleh and Aliko Dangote. The…
Ethiopia and Djibouti have described Dangote Group’s $660 million Damarjog-Dewele Oil Terminal and Pipeline Project as a strategic investment expected to strengthen energy security, improve regional trade and deepen economic integration in the Horn of Africa. Ethiopian Prime Minister Abiy Ahmed and Djibouti President Ismaïl Omar Guelleh have commended Dangote Group‘s $660 million Damarjog-Dewele Oil…
Dr Mlungisi Cele, director-general at the Department of Science, Technology and Innovation. (Image source: GovernmentZA) South Africa is seeking to strengthen its pipeline of scientists and innovators through investment in young researchers, skills development and international cooperation. So said Dr Mlungisi Cele, director-general at the Department of Science, Technology and Innovation (DSTI), who participated in…
Crude oil prices popped on Sunday after Saudi Arabia closed its critical pipeline that bypasses the Strait of Hormuz. U.S. West Texas Intermediate futures were up 2.89% to $102.94 per barrel by 12:27 a.m. ET. Brent crude, the international benchmark, traded 2.82% higher to $107.56 per barrel. Drones launched from Iraq damaged the East-West pipeline…
Old Mutual’s Durban Capability Hub marks three years. Insurer Old Mutual plans to deepen strategic partnerships and expand talent pipeline development through its Durban Capability Hub in KwaZulu-Natal. This comes as the Old Mutual hub marks three years since it was established, as part of attracting, developing and retaining scarce technology, digital, data and specialist…
Representatives from Vodacom, UJ, the Department of Science, Innovation and Technology and AWS. Vodacom has partnered with the University of Johannesburg (UJ), in collaboration with Amazon Web Services (AWS), to address SA’s growing demand for job-ready artificial intelligence (AI) and data science skills. The partnership, announced on Friday, brings together the mobile operator, academic institution…
Vodacom Group CEO Shameel Joosub Vodacom, the University of Johannesburg (UJ) and Amazon Web Services on Friday launched the Vodacom AI Lab, a partnership that puts postgraduate students to work on live industry problems – from cross-border fraud prevention to identity theft – using the same cloud and AI tools deployed by leading technology companies…
AstraZeneca‘s failed late-stage trial for Wainua was never expected to have a major financial impact on the company. Most analysts estimate the trial miss wiped just 2-4% from their valuation models. Yet the shares lost roughly twice that in a single session, suggesting the market reaction reflected more than just the loss of one drug,…
FNB is partnering with the University of Johannesburg Business School to expand the 2026 FNB App Academy. (Image: Supplied) First National Bank (FNB) has partnered with the University of Johannesburg’s Business School (JBS) to strengthen the 2026 FNB App Academy programme. This will expand access to digital education and create new pathways for young people…
