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A view shows an oil pump jack .
Minister in the Presidency Khumbudzo Ntshavheni says the government is looking at rebuilding its oil refining capacity in the medium to long term.
Ntshavheni’s comments come amid rising fuel prices and supply challenges due to the US-Israeli war in Iran.
She briefed the media on the post-cabinet meeting outcomes in Pretoria today.
“Because if you check, the semblance of refining capacity is in South Africa and Aliko Dangote in Nigeria. That is not safe for a continent to be reliant on other continents. And therefore, it is our responsibility as the leading economy on the continent to develop a reliable refining capacity not only for ourselves, but that could also supply the region and the continent. It’s part of those things that we are considering.”
Video | Minister in the Presidency Khumbudzo Ntshavheni holds a post-Cabinet briefing:
