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Elaine Mills
Verified
Chief Correspondent, Southern and Eastern Africa, Argus Media
Cape Town
Beats
business health and sports. environmentpolitics
Content
By Elaine Mills Verified| Argus Media Verified South Africa's president Cyril Ramaphosa has welcomed the setting up of a new loss and damage fund at the Cop 28 UN climate summit, but he has also called for international banking reform and debt relief to enable funding for developing countries on a far bigger scale. If the fund it is "to effectively support those countries most vulnerable to the effects of climate change, we need to mobilise funding on a far greater scale", Ramaphosa said.
By Elaine Mills Verified| Argus Media Verified LPG wholesalers in South Africa's Western Cape province are having to pay a significant premium for imports through Sunrise Energy's terminal at Saldanha Bay, since EML Energy replaced Vitol's local unit Vita Gas as the province's sole importer. EML took over from Vita Gas in June, since when it has raised the LPG price by 20pc-40pc above import parity basis, LPG wholesalers told Argus.
By Elaine Mills Verified| Argus Media Verified South Africa's president Cyril Ramaphosa has welcomed the setting up of a new loss and damage fund at the Cop 28 UN climate summit, but he has also called for international banking reform and debt relief to enable funding for developing countries on a far bigger scale. If the fund it is "to effectively support those countries most vulnerable to the effects of climate change, we need to mobilise funding on a far greater scale", Ramaphosa said.
Company Info
Argus Media
Argus Media is a UK-registered company founded in 1970 and based in London. It is owned by employee shareholders and global growth equity firms General Atlantic and Hg. With nearly 1,100 employees and 26 offices around the world, Argus Media is a leading independent provider of market intelligence for the global energy and commodity markets. The company offers a variety of services, including accurate price assessments used as benchmarks, market news and commentary from expert reporters, and analytics that provide price outlooks and strategic insights. Argus also provides consulting services to help clients make informed decisions and hosts industry conferences tailored to the needs of the commodity markets. Its products include daily price reports, business intelligence services, and comprehensive market analytics. Argus Media serves clients in over 140 countries, supporting their needs in trade indexing, financial derivatives, and strategic planning.
London, England, United Kingdom
'+44 20 7780 4200
Founded: 1970