BBC Africa Today

South Africa proposes strategic oil reserve expansion

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South Africa has announced plans to expand its strategic oil reserve for the first time since the apartheid era. this is in its response to the global supply shocks. The proposal aims to reserve approximately 36 million barrels, comprising 70% crude oil and 30% refined petroleum products, to meet 60 days of National demand. The proposal also requires licensed oil marketers to hold an additional 21 days of oil stock as a buffer. The government says this will mitigate oil supply shocks in cases of emergencies.
And an exclusive chat with award winning Ugandan hip-hop artist and pioneer of the music genre Uga-flow, Navio, on East Africa's music scene and how he's stayed relevant, more than 20 years in the industry

Presenter: Nkechi Ogbonna
Producers: Bella Twine and Ayuba Iliya
Senior Producers: Keikantse Shumba
Technical Producer: Davis Mwasaru
Editors: Rhoda Odhiambo and Maryam Abdalla
29 Jul 11AM English United Kingdom News

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