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Photo Reuters

COMPANY NEWS IN BRIEF

Shell to continue to fuel SA's aviation industry

Global energy and petrochemical group Shell plans to continue its aviation fuel operations at airports in South Africa, unlike British oil and gas giant BP.

News24 reported last week that British oil and gas giant BP has decided to exit all its aviation activities at South African airports.

In a letter to its aviation customers, dated 27 March 2023 and seen by News24, Shell says it is aware of concerns regarding the group's position in the South African aviation market.

"Shell Downstream South Africa is aware of the concerns raised following the exit of an aviation fuel supplier locally and would like to confirm that there is no change to our local operating model," states the letter. "Shell remains committed ... to the aviation supply and operations underpinned by our business control framework, policies, and guidelines."

Pam Ntaka, a spokesperson of Shell SA, confirmed the letter's contents and emphasised the group's commitment to SA.

When asked whether it is exiting its aviation operations in SA because of the government's position on Russia, BP only said the decision to withdraw is "as a result of Air BP's current global business strategy".

News24 reported earlier that, last year, two Russian planes could not get fuel from large international fuel suppliers at the OR Tambo International Airport in Johannesburg and Cape Town International Airport, respectively. This was because fuel suppliers had to adhere to the sanctions imposed on Russia by their countries of origin and their own company policies.-Fin24

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LaLiga: Deportivo Alaves 1 vs 0 Getafe | Real Sociedad 1 vs 0 Valencia | Almería 0 vs 2 Barcelona | Las Palmas 2 vs 2 Real Betis SerieA: Udinese 1 vs 1 Empoli | Monza 0 vs 1 Frosinone | Sassuolo 0 vs 2 Cagliari | Torino 3 vs 1 AC Milan | Lecce 0 vs 2 Atalanta | Fiorentina 2 vs 2 Napoli European Championships Qualifying: Southampton 3 vs 1 West Bromwich Albion | Leeds United 4 vs 0 Norwich City English Championship: Southampton 3 vs 1 West Bromwich Albion | Leeds United 4 vs 0 Norwich City F1: Emilia Romagna GP First:Max Verstappen Red Bull 01:25:25 Second:Lando Norris McLaren + 00:00:00.725 Third:Charles Leclerc Ferrari + 00:00:07.916 Katima Mulilo: 11° | 31° Rundu: 9° | 30° Eenhana: 11° | 31° Oshakati: 12° | 31° Ruacana: 12° | 31° Tsumeb: 13° | 29° Otjiwarongo: 12° | 27° Omaruru: 14° | 29° Windhoek: 12° | 26° Gobabis: 13° | 27° Henties Bay: 20° | 36° Wind speed: 27km/h, Wind direction: E, Low tide: 07:06, High tide: 13:28, Low Tide: 19:06, High tide: 01:31 Swakopmund: 20° | 26° Wind speed: 25km/h, Wind direction: S, Low tide: 07:04, High tide: 13:26, Low Tide: 19:04, High tide: 01:29 Walvis Bay: 22° | 33° Wind speed: 25km/h, Wind direction: SE, Low tide: 07:04, High tide: 13:25, Low Tide: 19:04, High tide: 01:28 Rehoboth: 12° | 27° Mariental: 15° | 29° Keetmanshoop: 18° | 30° Aranos: 15° | 29° Lüderitz: 16° | 35° Ariamsvlei: 18° | 32° Oranjemund: 13° | 33° Luanda: 24° | 26° Gaborone: 14° | 27° Lubumbashi: 11° | 26° Mbabane: 12° | 25° Maseru: 8° | 24° Antananarivo: 15° | 22° Lilongwe: 13° | 26° Maputo: 20° | 27° Windhoek: 12° | 26° Cape Town: 14° | 21° Durban: 17° | 28° Johannesburg: 15° | 24° Dar es Salaam: 24° | 32° Lusaka: 13° | 25° Harare: 12° | 26° Currency: GBP to NAD 23.01 | EUR to NAD 19.73 | CNY to NAD 2.51 | USD to NAD 18.15 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.3 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.7 | ZWL to NAD 0.04 | BRL to NAD 3.55 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 134.35 | USD to AOA 847.42 | USD to BWP 13.49 | USD to EGP 46.86 | USD to KES 130.48 | USD to NGN 1467 | USD to ZAR 18.15 | USD to ZMW 25.45 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 79530.63 Up +0.03% | Namibian Stock Exchange (NSX) Overall Index 1754.58 Up +0.81% | Casablanca Stock Exchange (CSE) MASI 13426.13 Up +0.11% | Egyptian Exchange (EGX) 30 Index 26142.84 Up +3.27% | Botswana Stock Exchange (BSE) DCI 9151.06 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 414.72/OZ UP +1.55% | Copper US$ 5.04/lb UP +4.12% | Zinc US$ 3 059.30/T UP 0.11% | Brent Crude Oil US$ 84.28/BBP UP +0.60% | Platinum US$ 1 084.88/OZ UP +2.19% Sport results: LaLiga: Deportivo Alaves 1 vs 0 Getafe | Real Sociedad 1 vs 0 Valencia | Almería 0 vs 2 Barcelona | Las Palmas 2 vs 2 Real Betis SerieA: Udinese 1 vs 1 Empoli | Monza 0 vs 1 Frosinone | Sassuolo 0 vs 2 Cagliari | Torino 3 vs 1 AC Milan | Lecce 0 vs 2 Atalanta | Fiorentina 2 vs 2 Napoli European Championships Qualifying: Southampton 3 vs 1 West Bromwich Albion | Leeds United 4 vs 0 Norwich City English Championship: Southampton 3 vs 1 West Bromwich Albion | Leeds United 4 vs 0 Norwich City F1: Emilia Romagna GP First:Max Verstappen Red Bull 01:25:25 Second:Lando Norris McLaren + 00:00:00.725 Third:Charles Leclerc Ferrari + 00:00:07.916 Weather: Katima Mulilo: 11° | 31° Rundu: 9° | 30° Eenhana: 11° | 31° Oshakati: 12° | 31° Ruacana: 12° | 31° Tsumeb: 13° | 29° Otjiwarongo: 12° | 27° Omaruru: 14° | 29° Windhoek: 12° | 26° Gobabis: 13° | 27° Henties Bay: 20° | 36° Wind speed: 27km/h, Wind direction: E, Low tide: 07:06, High tide: 13:28, Low Tide: 19:06, High tide: 01:31 Swakopmund: 20° | 26° Wind speed: 25km/h, Wind direction: S, Low tide: 07:04, High tide: 13:26, Low Tide: 19:04, High tide: 01:29 Walvis Bay: 22° | 33° Wind speed: 25km/h, Wind direction: SE, Low tide: 07:04, High tide: 13:25, Low Tide: 19:04, High tide: 01:28 Rehoboth: 12° | 27° Mariental: 15° | 29° Keetmanshoop: 18° | 30° Aranos: 15° | 29° Lüderitz: 16° | 35° Ariamsvlei: 18° | 32° Oranjemund: 13° | 33° Luanda: 24° | 26° Gaborone: 14° | 27° Lubumbashi: 11° | 26° Mbabane: 12° | 25° Maseru: 8° | 24° Antananarivo: 15° | 22° Lilongwe: 13° | 26° Maputo: 20° | 27° Windhoek: 12° | 26° Cape Town: 14° | 21° Durban: 17° | 28° Johannesburg: 15° | 24° Dar es Salaam: 24° | 32° Lusaka: 13° | 25° Harare: 12° | 26° Economic Indicators: Currency: GBP to NAD 23.01 | EUR to NAD 19.73 | CNY to NAD 2.51 | USD to NAD 18.15 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.3 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.7 | ZWL to NAD 0.04 | BRL to NAD 3.55 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 134.35 | USD to AOA 847.42 | USD to BWP 13.49 | USD to EGP 46.86 | USD to KES 130.48 | USD to NGN 1467 | USD to ZAR 18.15 | USD to ZMW 25.45 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 79530.63 Up +0.03% | Namibian Stock Exchange (NSX) Overall Index 1754.58 Up +0.81% | Casablanca Stock Exchange (CSE) MASI 13426.13 Up +0.11% | Egyptian Exchange (EGX) 30 Index 26142.84 Up +3.27% | Botswana Stock Exchange (BSE) DCI 9151.06 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 414.72/OZ UP +1.55% | Copper US$ 5.04/lb UP +4.12% | Zinc US$ 3 059.30/T UP 0.11% | Brent Crude Oil US$ 84.28/BBP UP +0.60% | Platinum US$ 1 084.88/OZ UP +2.19%