Shell Contemplates Exiting South Africa Amid Strained Partnership

Reports suggest that Shell, one of the largest fuel and energy companies in the country, is considering withdrawing from South Africa due to a deteriorating relationship with its BEE partner. Shell, which has been operational in South Africa for 122 years, has partnered with Thebe Investment Corporation for the past 22 years. However, tensions arose when Thebe decided to exercise its option to sell its 28% stake in Shell Downstream South Africa in 2022. City Press reported that this move has led to a dispute, with Shell being accused of undervaluing Thebe’s stake.

Written by: Leonard Witbeen

city ress FUTURE MEDIA NAMIBIA FUTURE MEDIA NEWS leonard witbeen shell leaves s.a shell s.a

Tourism Board Calls for Informal Market Integration

4 February, 2026

Business / Economics

NIDA owes Keetmanshoop municipality nearly N$4.2 million

By: Hertha Ekandjo The Namibia Industrial Development Agency (NIDA) has confirmed that it owes the Keetmanshoop municipality approximately N$4.2 million in outstanding water and electricity charges as of end of January 2026. NIDA spokesperson, Wessel !Nanuseb, says the outstanding electricity bill currently amounts to N$2.8 million, while water stands at […]

3 February, 2026