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USD/NGN 1,330.27 ▴0.2%GBP/NGN 1,777.88 ▾0.3%USD/NGN black market ₦1,392GBP/NGN black market ₦1,880
USD/NGN 1,330.27 ▴0.2%GBP/NGN 1,777.88 ▾0.3%USD/NGN black market ₦1,392GBP/NGN black market ₦1,880

Refinery closures cost South Africa $4.68bn, 5,400 jobs

South Africa’s shrinking refining capacity cost the economy about R76 billion ($4.68 billion) in additional refined petroleum imports between 2021 read more Refinery closures cost South Africa $4.68bn, 5,400 jobs

Aggregated · originally by BusinessDay
15 Sept 2026, 07:16 WAT · 3 min read
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Refinery closures cost South Africa $4.68bn, 5,400 jobs

South Africa’s shrinking refining capacity cost the economy about R76 billion ($4.68 billion) in additional refined petroleum imports between 2021 read more Refinery closures cost South Africa $4.68bn, 5,400 jobs