Wirth opens registration for world-class traditional arts programs in Riyadh    MWL chief welcomes Uzbek official, hails Center's efforts in promoting Islamic values    Etidal and Telegram remove over 30 million extremist posts in Q2 2025    HR Ministry launches 'Skills Week' to empower youth and align talent with labor market needs    Saudi Arabia operates 10 renewable energy projects with SR19.8 billion in investment by end of 2024    Saudia posts 7.2% passenger growth in H1 2025, leads global punctuality    Al-Khateeb hails Taif's tourism appeal as Saudi Summer 2025 gets underway    Housing-starved Hong Kong turns Covid quarantine site into hostel    Trump to meet NATO secretary general as plan takes shape for Ukraine weapons sales    Trump defends US Attorney General Pam Bondi over Epstein files    At least 30 killed in sectarian clashes in Syria    SA police minister suspended over organized crime allegations    Jeddah exhibition showcases 500 years of Makkah and Madinah imagery    Jannik Sinner beats Carlos Alcaraz to win his maiden Wimbledon title    Chelsea defeat PSG 3-0 to win first expanded Club World Cup    France's Lady Liberty artwork goes viral as a new Statue of Liberty could be in the works    Theo Hernández: Al Hilal can compete with Europe's best    Abdullah Al-Qaisoom wins silver at Asian Youth and Junior Weightlifting Championship    SFDA approves 'Winrevair' for rare pulmonary hypertension treatment    Michael Madsen, actor of 'Kill Bill' and 'Reservoir Dogs' fame, dead at 67    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Pakistani star's Bollywood return excites fans and riles far right    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Renewing ties
Published in The Saudi Gazette on 26 - 04 - 2016

day visit to Iran, South African President Jacob Zuma held a joint press conference with his Iranian opposite number Hassan Rouhani. While Rouhani was smooth and polished, Zuma looked somehow out of place. At a glance, it was possible to see why Iran has managed to fool a gullible international community while Zuma, at the head of an ANC government criticized for graft and incompetence, epitomized why South Africa is now having issues.
While outside capital is steadily fleeing South Africa as payola and nepotism continue to dismantle what was once Africa's strongest and most developed economy, foreign corporates have flooded into Tehran seeking lucrative contracts as part of the rebuilding of Iran's decaying infrastructure, not least in its oil and as sector.
Then there is the issue of Iran's money. With the unfreezing of its overseas deposits the regime has been busy removing as many of its assets as possible from Western jurisdictions, which would obey without hesitation any future sanctions. Russian and Chinese banks are thought to be a favored alternative but South Africa's banking system is a further attractive option. It can be expected that regime officials will have had close conversations with those in the South African delegation connected with their country's banking system.
The way for Zuma's trip was paved by a visit of his deputy Cyril Ramaphosa last November. Then as now, the South African delegations consisted of some 200 businessmen. Eight cooperation agreements were signed on Sunday, which ranged from energy development thru to corporate insurance. It seems entirely possible that other deals will be inked. South Africa has two nuclear power stations, which provide around five percent of the country's electricity. Other nuclear projects planned by the state power company Eskom have been delayed or canceled. Of interest to the Iranians may be a Pebble Bed Modular reactor, developed in South Africa but currently stalled. The Chinese have the only working experimental model. Under the sanctions imposed on South Africa, many new power technologies were developed including the production of oil from coal, of which the country has a superabundance.
There is no doubt a great deal of research capacity still exists in South Africa, which the Iranians would value. There have in fact been links between the two countries for some time. Nelson Mandela made two trips to Iran when he was president and made a big point of thanking the regime for the support when the ANC was still fighting for power.
With the international community's sanctions removed on Iran, the Tehran regime is losing little time in renewing its public links with the Rainbow Nation. But given the duplicity of Iran and the politics of South Africa, it can be imagined how strong relations the two countries may have.


Clic here to read the story from its source.