Latest News for: Africa offshore


Why South Africans are flocking to Cyprus

Independent online (SA) 22 Oct 2021
Since the change in legislation relating to loop structures in January, South African residents with authorised foreign assets may invest in South Africa, as long as the assets acquired through an offshore structure are reported to an authorised dealer (a bank) when the transaction is finalised.

Schlumberger Announces Third-Quarter 2021 Results

The Eastern Herald 22 Oct 2021
Profitability was boosted by higher offshore and exploration activity and a favorable technology mix, particularly in Latin America and Africa ... International revenue was driven by double-digit growth in Latin America, Africa, and Russia & Central Asia from the combination of ...

Senegal Gears up to Become a Major Gas Producing Country in MSGBC Region (By Miguel Artacho)

Business Ghana 19 Oct 2021
One of the single largest gas projects currently underway in Senegal is the Greater Tortue Ahmeyim (GTA) LNG gas project, located in offshore waters straddling the border between Senegal and Mauritania. This flagship project for Senegal is the deepest offshore project currently underway in sub-Saharan Africa.

Shearwater awarded major 3D survey in South Africa

Splash24/7 18 Oct 2021
... a stable platform for seismic acquisition in challenging seas and are ideally suited to conditions offshore South Africa,” the company said.

Shearwater scores offshore South Africa

Offshore Energy Today 18 Oct 2021
Norwegian seismic exploration company Shearwater GeoServices has secured a contract to carry out a […]. The post Shearwater scores offshore South Africa appeared first on Offshore Energy ... .

DBSA’s R3bn loan to open green funding floodgates for Africa

Business Day 12 Oct 2021
Pimco’s offshore bond issuance will help refinance renewable power projects on the bank’s books ... Bank of Southern Africa (DBSA).

Offshore wind power plants offer vast energy potential for SA

Independent online (SA) 11 Oct 2021
OFFSHORE wind energy generation, a popular form of renewable energy in many developed countries, might be an answer to the decarbonisation of South Africa energy value chain, delegates at a conference in wind energy heard on Friday ... “I think offshore wind is one of the renewable ...

Know the rules for sending your rands offshore

Independent online (SA) 11 Oct 2021
South Africans are entitled to two allowances for transferring money >offshore ... This means that any transfers out of South Africa after tax emigration will require tax clearance in ensuing years ... If you’re a South African living overseas and you inherit in South Africa, there have been a few changes to how you can transfer that inheritance offshore.

South Africa needs to breed ‘unicorns’

Mail Guardian South Africa 10 Oct 2021
But South Africa’s largest export is also its people — many of our greatest minds contribute their talents abroad rather than at home. Without a meaningful change in our policy landscape, South Africa’s fastest-growing businesses, and the entrepreneurs behind them, may follow them ... Why shouldn’t South Africa? And why aren’t we leading this charge?.

Search is under way for Africa's CO2 storage sites

Upstream Online 08 Oct 2021
The hunt for big carbon dioxide storage sites offshore Africa must begin quickly to ensure that rising emissions from a fast-growing continent can be captured before they play havoc with the ...

Pandora papers: Poor countries disproportionately harmed – tax expert

Business Day Online 07 Oct 2021
Oyedele, PwC Africa tax leader in a presentation with journalists on Wednesday noted that while owning an offshore company is legal, the use it is put can raise moral and ethical concerns ... The investigators say the huge funds, warehoused offshore, is part of billions of dollars Bagudu helped the Sani Abacha family to steal from Nigeria in the 1990s.

Avantive Solutions Expands Global Offerings

Enid News & Eagle 05 Oct 2021
North America, Latin America, Asia, and Africa. The new location in Durban, South Africa, offers a competitive alternative to the Philippines market and other offshore locations with talented English-speaking teams to support inbound and outbound sales, lead generation, and customer service.

Pandora papers: biggest ever leak of offshore data exposes financial secrets of rich and powerful

The Observer 04 Oct 2021
The secret deals and hidden assets of some of the world’s richest and most powerful people have been revealed in the biggest trove of leaked offshore data in history ... The offshore trail also stretches from Africa to Latin America to Asia, and is likely to pose difficult questions for politicians across the world.

Pandora Papers, Espresso: 'Tesori offshore per capi di Stato e vip'

Yahoo Daily News 04 Oct 2021
"Dodici milioni di documenti riservatissimi smascherano le offshore di politici, stelle dello sport e spettacolo, generali e big degli affari ... Più di 11,9 milioni di documenti con i nomi di oltre 29mila beneficiari di società offshore, fino a ieri sconosciuti ... È rimasto nella offshore anche dopo l’elezione a senatore.