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May 27 2012 11:21
There's a price war raging between South Africa's cellphone networks after Cell C lowered the rates of its prepaid calls by more than 34%.
May 27 2012 13:09
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May 28 2012 07:53
The City of Cape Town has spent R175m running the Myciti bus service since the Soccer World Cup compared to an income of R35m, a report says.
Abuja - US oil major Chevron said on Tuesday production has been restored at its 120 000-barrel per day Escravos crude oil pipeline in Nigeria, nearly a month after armed youths sabotaged it.
"The pipeline is back into service and production is restored," said Chevron spokesperson Margaret Cooper.
Gunmen in June sabotaged Chevron's Abiteye-Olero crude oil pipeline in the country's restive Niger Delta, slashing output in the world's eighth largest exporter.
Chevron was forced to declare a force majeure on Escravos shipments following the attack, which released the company from its contractual obligations.
A wave of attacks in the west African country has cut production by a fifth since early 2006, helping push world oil prices to record highs.
Violence in the Niger Delta stems from a complex set of factors including poverty, lack of basic services, corruption among
government officials and security forces, resentment toward foreign oil companies, and political thuggery.
- Reuters