Saudia Arabia has pledged to invest as much as R133 billion in the country, primarily in renewables.
This week, Saudi Arabia committed to invest $10 billion – more than R133 billion – in South Africa’s energy and power creation sectors.
Saudia Arabia is currently one of South Africa’s larger investors, particularly in the renewables sector. South Africa, meanwhile, imports close to half its oil from Saudi Arabia.
Total trade between the two countries was over R55 billion last year.
Outgoing group CEO André de Ruyter is expected to leave at the end of March.
A look at how CFOs balanced their work and play time this year.
Charl Keyter, Fathima Ally and others unpack the mining highlights and challenges they faced this year.
These are the big M&A stories that grabbed the attention of our community this year.
A look back at how the property industry navigated business disruptions caused by Covid-19.
A look at how CFOs navigated the supply-chain disruptions brought on by crises this year.
