Your account has been succesfully created.
EN FR
Scroll through edition

South Africa
PetroSA ready to forgo $10.8m debt owed by Namibia's UAG Investments

Reading time 2 minutes

For two years, the state-owned company has been waiting for the payment of several million dollars from a Namibian company to which it sold liquefied petroleum gas. Yet it does not intend to initiate debt collection proceedings, much to the dismay of its employees.

Read also

Headlines

The CEO of BoA, Othmane Benjelloun, in Casablanca in March 2023.
Spotlight | Morocco Bank of Africa succession cloud grows as Palace weighs post-Benjelloun era DRC Juliana Lumumba on global campaign to lead the OIF
Juliana Amato Lumumba, in Paris, 22 May 2026.
The New Guard | Africa Libya, Guinea, Madagascar Kenya Moi business empire rocked by renewed tensions with Ruto DRC Hydrocarbons minister buries reserves certification project Mozambique ExxonMobil selects the trio to build Rovuma LNG Sudan Burhan's cabinet sits on his political bloc's proposals
Minni Minawi, governor of Darfur and leader of the SLM-MM, in Al Dabbah, Sudan, on 26 November 2025.
West Africa Sierra Leone president Maada Bio sets pace ahead of ECOWAS summit Madagascar Ex-presidents Rajaonarimampianina and Ravalomanana issue warning over junta-led consultations Niger Madrid reshuffles its embassy

Related topics to this article

Headlines

The CEO of BoA, Othmane Benjelloun, in Casablanca in March 2023.
Spotlight | Morocco Bank of Africa succession cloud grows as Palace weighs post-Benjelloun era DRC Juliana Lumumba on global campaign to lead the OIF
Juliana Amato Lumumba, in Paris, 22 May 2026.
The New Guard | Africa Libya, Guinea, Madagascar Kenya Moi business empire rocked by renewed tensions with Ruto DRC Hydrocarbons minister buries reserves certification project Mozambique ExxonMobil selects the trio to build Rovuma LNG Sudan Burhan's cabinet sits on his political bloc's proposals
Minni Minawi, governor of Darfur and leader of the SLM-MM, in Al Dabbah, Sudan, on 26 November 2025.
West Africa Sierra Leone president Maada Bio sets pace ahead of ECOWAS summit Madagascar Ex-presidents Rajaonarimampianina and Ravalomanana issue warning over junta-led consultations Niger Madrid reshuffles its embassy

Related topics to this article

Sign up for real-time alerts and be notified of new editions!  

Once registered, you will be notified by a short message on your computer or mobile phone as soon as a new edition of our publication or an alert is published. Stay informed anytime, anywhere!