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SOUTH AFRICA

Inner circles Diplomacy 24/09/2021

Ramaphosa consoles ANC dignitaries and disgraced Zuma supporters with prestigious embassy posts 

Since he became president in 2018, Cyril Ramaphosa has little by little turned key embassy postings into consolation prizes for former Zuma ministers he wants to keep out of government. This has exasperated career diplomats, who are concerned that top diplomatic posts are going to politicians without experience on the international stage. [...]
South Africa's President Cyril Ramaphosa.
South Africa's President Cyril Ramaphosa. © FilipSinger/POOL/EPA/Newscom/MaxPPP
Diplomacy 17/09/2021

Brazil's choice of Pretoria ambassador sparks diplomatic cold spell 

Jair Bolsonaro has put South Africa in an awkward position. He hopes to curry favour with evangelicals at home by appointing the former mayor of Rio as his new envoy there. Pretoria is far from pleased but, instead of rejecting Marcelo Crivella outright, has chosen to run the clock down. [...]
Former mayor of Rio de Janeiro, Marcelo Crivella.
Former mayor of Rio de Janeiro, Marcelo Crivella. © Tomaz Silva via Ulan/Pool / Latin America News Agency via Reuters Connect
Focus Business Finance 12/07/2021

Real estate, oil, finance: a dive into the heart of Durban's property kings, the Rosenbergs 

Property tycoon Terry Rosenberg's real estate empire is as strong as ever in South Africa's third largest city, Durban. Helped by his son Marc Rosenberg, he has expanded the family office Oakbrook Investments and investment arm Multiply as far as Swizterland, Mauritius, Dubai and the UK. [...]
South African businessman Terry Rosenberg, president of Multiply Group.
South African businessman Terry Rosenberg, president of Multiply Group. © Multiply Group
Oil & gas 17/06/2021

Total's success on block 11B/12B hangs on Ramaphosa 

Taking advantage of a favourable climate and existing infrastructure in South Africa, Total is looking at the option of speeding up expansion at a reduced cost. This will depend to a large extent on a good working relationship with the state, which owns the pipeline and the GTL plant to which the French major hopes to sell its gas. [...]
Cyril Ramaphosa, President of South Africa.
Cyril Ramaphosa, President of South Africa. © Christoph Soeder/dpa/picture-alliance/Newscom/MaxPPP

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