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Saturday, 09 November 2019

The Shell Group has signed an agreement for prospecting and potential future exploration of oil and gas in the São Tomé and Príncipe Exclusive Economic Zone, according to a statement from the National Oil Agency (ANP) issued on Thursday in Cape Town, South Africa.

The agreement, signed on the sidelines of the “Africa Oil Week” conference, which began on 4 November and ends on 8 November in that South African city, concerns the participation of that group in blocks 6 and 11 of the EEZ.

“Anglo-Dutch company Shell will operate in these areas, in partnership with the companies present in the blocks, US company Kosmos Energy and Portugal’s Galp Energia,” said the statement from the National Oil Agency.

The National Oil Agency, through its president, Olegário Tiny, said that the fact that the agreement with the Shell group was signed during the conference, the most important meeting of the sector in Africa, “ends up contributing to the promotion of the oil potential of the São Tomé and Príncipe EEZ, which is still unknown and untapped.”



Published in Business

Michael Bloomberg, the billionaire former mayor of New York City, may be throwing his hat in the ring soon, to join the 2020 Democratic presidential race, amidst concern that the current field of candidates is ill equipped to defeat President Donald Trump.

According to reports, Bloomberg, who initially ruled out a 2020 run, has not made a final decision on whether to jump into the race.

His speculated move was quickly dismissed by Trump, who called Bloomberg, ‘Little Michael”.

“He doesn’t have the magic to do well,” Trump said of Bloomberg. “Little Michael will fail.”

“He’s not going to do well but I think he’s going to hurt Biden actually,” Trump told reporters. “There’s nobody I’d rather run against than little Michael.”

The 77-year-old Bloomberg has spent the past few weeks talking with prominent Democrats about the state of the 2020 field, expressing concerns about the steadiness of former Vice President Joe Biden’s campaign and the rise of liberal Massachusetts Sen. Elizabeth Warren, according to people with knowledge of those discussions.

In recent days, he took steps to keep his options open, including moving to get on the primary ballot in Alabama ahead of the state’s Friday filing deadline.

In a statement on Thursday, Bloomberg adviser Howard Wolfson said the former mayor believes Trump “represents an unprecedented threat to our nation” and must be defeated.

“But Mike is increasingly concerned that the current field of candidates is not well positioned to do that,” Wolfson said.

Bloomberg’s moves come as the Democratic race enters a crucial phase. Biden’s front-runner status has been vigorously challenged by Warren and Vermont Sen. Bernie Sanders, who are flush with cash from small-dollar donors. But both are viewed by some Democrats as too liberal to win in a general election face-off with Trump.

Despite a historically large field, some Democrats anxious about defeating Trump have been looking for other options. Former Attorney General Eric Holder and former Massachusetts Gov. Deval Patrick have quietly had conversations with supporters urging them to consider a run, but neither appears likely to get in the race.

Bloomberg, a Republican-turned-independent who registered as a Democrat last year, has flirted with a presidential run before but ultimately backed down, including in 2016. He endorsed Hillary Clinton in that race and, in a speech at the Democratic Party convention, pummelled Trump as a con who has oversold his business successes.

Published in World
Saturday, 09 November 2019 05:08

Foot and mouth disease hits South Africa

There has been an outbreak of foot and mouth disease (FMD) in South Africa and a jittery Zimbabwe government has imposed ban on the importation of live cloven hoofed animals and related products from the country with immediate effect.

The South African Veterinary Authorities had on Nov. 1 said that there had been an outbreak of FMD on a farm in Molemole District of Limpopo Province.

In a statement issued to state media Friday, Zimbabwe’s Ministry of Lands, Agriculture, Water, Climate and Rural Resettlement, through the Department of Veterinary Services, advised the public and stakeholders of the ban of the importation of live cattle, goats, sheep and pigs from South Africa.

Veterinary services director Josphat Nyika said South Africa is currently in the process of identifying the virus strain, extent of the outbreak and conducting backward and forward tracing to determine possible origin of the virus as well as locations to which the disease might have spread.

“In line with provisions of the Animal Health Act, CAP 19:01, the Department of Veterinary Services has suspended the importation of live cloven hoofed animals (cattle, goats, sheep and pigs) and their products from South Africa with immediate effect until a full report on the outbreak has been availed by the South African Veterinary Authorities.

“The suspension of imports from South Africa is a precautionary measure designed to prevent spread of infection into Zimbabwe through the importation of live animals and animal products. The Department continues to monitor the situation with a view to normalizing trade with the Republic of South Africa as soon as the outbreak is controlled,” he said in a statement to The Herald.

This is the second time in 2019 that Zimbabwe has suspended importation of such animals from South Africa after another outbreak hit the same province in early January. The suspension may lead to the cancellation of some import permits issued prior to the decision being made.

Published in Agriculture
  1. Opinions and Analysis


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