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…

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…

More strategic investment in Africa’s ports can accelerate growth and development by strengthening trade – PwC report

Despite the high volumes of goods that require transport, the development and integration of ports in Africa’s wider logistic chains remains uneven

Africa needs to take advantage of the economic potential of its ports and shipping sector if it is to realise its growth ambitions. Globally, ports are gateways for 80% of merchandise trade by volume and 70% by value. Investment in ports and their related transport infrastructure to advance trade and…

Africa’s oil & gas industry needs to ‘learn to leapfrog’ and harness innovation and technology to stay ahead of the competition: PwC Oil & Gas review

PwC’s Africa oil and gas review, 2017 analyses what has happened in the last 12 months in the oil & gas industry within the major and emerging markets

The oil & gas industry in Africa continues to face market challenges arising from the low oil price, competition for revenue growth and local talent together with new expectations from investors and regulators. “Africa’s oil & gas industry is experiencing significant change and upheaval. There are fundamental shifts in companies’…

Opportune Time for Africa Oil & Gas Industry to consider Change: PwC Oil & Gas Review

The decline in the global oil price has led to a reduced level of activity across the African continent and had an impact on countries that traditionally depend on oil & gas revenue

The decline in the global oil price has led to a reduced level of activity across the African continent and had an impact on countries that traditionally depend on oil & gas revenue. Despite the bleak landscape, the African continent still offers significant opportunities in the oil & gas sector.…

Technological innovation will act as a catalyst in boosting productivity and growth in Africa’s agribusiness sector: PwC Agribusiness report

Agriculture is currently standing on the edge of a second green revolution. This revolution will entail fundamental shifts in how the agricultural sector utilises and implements innovative technology to improve output in a sustainable manner and address the need for greater food security globally. These are some of the highlights…

Current approaches to offgrid electricity need to be changed to achieve universal access to electricity

The PwC report - Electricity beyond the grid: accelerating access to sustainable power for all - says a new approach is needed

PwC report says new renewable off-grid technologies, in combination with innovative business models and mobile payment systems hold the key to rural electrification. New approaches to beyond the grid electrification need to be adapted to achieve the UN 2030 target of electricity for all. Policymakers need to get out of…

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,…

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…