PricewaterhouseCoopers LLP (PwC)
Source: PricewaterhouseCoopers LLP (PwC) |

Outlook for Africa’s oil & gas industry improves – PwC report

As the oil price is steadily rising towards pre-collapse levels, the outlook for the industry is hopeful

The outlook for Africa’s oil & gas industry is positive amid difficult operating and economic headwinds. Tough economic and external conditions have placed pressure on oil & gas companies to be more cost-effective and efficient. Companies have adopted to a low-cost environment, which promises to be even more beneficial given…

PricewaterhouseCoopers LLP (PwC)
Source: PricewaterhouseCoopers LLP (PwC) |

African national oil companies (NOCs) need to evolve for the future in light of a challenging and disruptive environment: PwC analysis

African countries that have for decades depended on their national oil company as a key source of revenue will need to rethink business models and strategies to avoid being captive to a single energy source and to allow them to rebalance budgets

NOCs across Africa have an enormous opportunity to secure a more sustainable future by transforming into “national energy companies” (‘NECs’), escaping the economic trap of a lower oil price and embracing the disruptive forces unleashed by climate change and a lowcarbon world. A new era of lower oil prices is…

PricewaterhouseCoopers LLP (PwC)
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Source: PricewaterhouseCoopers LLP (PwC) |

More in store for African retail & consumer businesses – prospects remain positive: PwC report

PwC’s inaugural publication entitled ‘So much in store’ is an in-depth study into the make-up of Sub-Saharan Africa’s retail and consumer goods industries

Africa’s economy has seen modest growth in the wake of falling commodity prices, slowing revenues and volatile currencies. The moderation in growth impacts a range of industries and sectors, including retail and consumer products that must contend with rising costs, and a fall in prices. Despite the decline in growth,…

PricewaterhouseCoopers LLP (PwC)
Source: PricewaterhouseCoopers LLP (PwC) |

PwC FY15 global revenues increase 10% to US$ 35.4 billion

Double-digit growth in Middle East and Africa (16%), North America and the Caribbean (12%) and Australasia and Pacific Islands (11%)

Strongest revenue growth in eight years Double-digit growth in Middle East and Africa (16%), North America and the Caribbean (12%) and Australasia and Pacific Islands (11%) Total workforce tops 208,000 a record number, with 53,000 people joining in FY15 PwC named as 2nd most attractive employer in the world for…