Politics Turmoil in South Africa

[morris]

OK so that is disconcerting...

Crowd chasing an army soldier even more so

 

[morris]

South African farmers dump milk in fields after robbers destroyed dairy factory.

 

[JimHPTN]

South Africa’s Biggest Refinery Shuts Down Due to Unrest

South Africa’s biggest oil refinery, a joint venture between Royal Dutch Shell Plc and BP Plc known as Sapref, shut down because of safety concerns and logistical issues.

www.bloomberg.com

They've also shut down an oil refinery. Depending upon the level of shutdown, the availability of raw materials, and necessary parts, it will take days or weeks to get it back on line.

Safety Drives Refinery Shutdowns, Restarts

Ahead of the unprecedented 1 trillion gallons of water dumped on the Gulf Coast by Harvey, industry members acted swiftly to safely shut down facilities while supporting employees, including significant acts of humanitarianism and millions of dollars donated to relief organizations. Safe shut...

www.api.org

Exxon Mobil Corporation | ExxonMobil

ExxonMobil scientists are pioneering new research & technologies to reduce emissions. Learn how we are responsibly meeting the world's energy needs.

energyfactor.exxonmobil.com

Given that many trucks have been destroyed, vehicles left on the highways, distribution centers not just looted but destroyed, and now the damages are going all the way back to the raw material processing plants, I don't see a recovery coming anytime soon. This is also going to have a major effect upon the world economy. SA provides much of the world's key industrial raw materials, including chromium, manganese, vanadium, etc, as well as gold, diamonds, etc.

South Africa Exports

Exports in South Africa decreased to 144269.91 ZAR Million in January from 165508.07 ZAR Million in December of 2023. This page provides the latest reported value for - South Africa Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic...

tradingeconomics.com

 

[guest0001]

Monkey see, monkey do……..

 

[morris]

South African police catching looters.

 

[morris]

Damage from unrest in the South African province of KwaZulu-Natal as of 19 July