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South Africa is resisting U.S. and European pressure to commit to arresting Russian President Vladimir Putin should he arrive in Cape Town for a planned visit in August.
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They struck oil in southern Namibian waters last month. Again. In the last year, oil companies have hit oil three times in the same area, making Namibia one of the hottest offshore oil exploration destinations in the world right now.
Towards the end of the nineteenth century, then, capitalism stretched its tentacles all over the globe and morphed into a world-system. In 1902, this new,
DA’s James Lorimer believes SA is on the cusp of hitting a natural resources jackpot transformative as the discovery of diamonds in 1867.