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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) |

2018 financial year was a mixed bag of performance for South Africa’s mining industry – PwC South Africa Mine Report

Unfortunately the aggregated South Africa mining industry, which is more exposed to precious metals, did not enjoy the same benefit from price increases

The 2018 financial year proved to be a challenging year for South African mining companies. Globally, the financial performance of the mining industry improved considerably from the previous year. That position was largely mirrored by South African bulk commodity producers with iron ore, coal, manganese and chrome performing well. Unfortunately…