Africa
3 months ago | February 9, 2024
De Beers pursues new diamond prospects in Angola
Luanda. — Anglo America unit De Beers has signed agreements with Angola on diamond processing and exploration prospects, ...
SA says platinum restructuring could cut 4 000-7 000 jobs
South Africa’s Minerals Council said on Monday that the restructuring of the country’s platinum group metals (PGM) ...
3 months ago | February 2, 2024
Farmers frustration boils over as disastrous cotton season looms
Martin Kadzere Zimbabwe faces its worst cotton season in recent years due to low uptake of inputs under the Government’s ...
The ‘rich’ feeling the pinch too
Reported sales numbers from Woolworths, particularly its Food business, are a very useful indicator of where the market ...
SA hits new low for corruption
South Africa, once revered as model of democracy around the world, has hit a new low for corruption, placing it ...
Climate change behind Africa cholera surge, top health body says
The Africa Centres for Disease Control and Prevention, the continent’s chief health advisory body, has tied the worst ...
3 months ago | January 26, 2024
Bumper festive season for SA’s mega malls
The peak December 2023 shopping season produced positive results for most mega mall owners as consumers continued to ...
Multi-billion-rand project to upgrade six SA border posts delayed again
The organised construction industry has expressed serious doubt about the reasons provided by the Border Management ...
Green light for DP World’s $2bn Moza port expansion
Mozambique approved an extended deal for DP World Ltd, JSE-listed Grindrod Ltd, and other operators of its biggest port, ...
3 months ago | January 19, 2024
Kganyago doesn’t see rate cuts amid sticky prices
South African Central Bank Governor Lesetja Kganyago ruled out cutting interest rates while inflation remains ...
Afreximbank in US$3bn syndicated deal
Business Writer African Export-Import Bank (Afreximbank) has successfully arranged a syndicated US$3,3 billion crude oil ...
3 months ago | January 17, 2024
Coca-Cola in Africa …
The Conversation A new book called Bottled: How Coca-Cola Became African tells the story of how the world’s most famous ...
3 months ago | January 12, 2024
Is ‘clean energy’ mineral boom failing Africa?
A recent report from UK- and US-based nonprofit Global Witness captures the details of how a new mining rush driven by ...
Africa’s history of cannabis offers fascinating insights
When I tell people that I research cannabis, I sometimes receive a furtive gesture that implies and presumes: “We’re ...
Next big thing: Private investment in S. Africa electricity ...
The Minister of Electricity Kgosientsho Ramokgopa hopes to announce “within the next week or so” a plan to finance new ...
Can SA remove itself from the dreaded grey list by early 2025?
National Treasury is hopeful SA will be removed from the dreaded Financial Action Task Force (FATF) grey list by early ...
4 months ago | January 10, 2024
EPS Africa to finance African firms’ retooling
Business Writer EPS Africa, a company involved in equipment or machinery financing, is offering a credit facility to ...
4 months ago | January 9, 2024
With Africa’s carbon sinks up for grabs, offset debate heats up
moneyweb.co.za By Bukola Adebayo and Nita Bhalla, Reuters As African countries line up to cash in on the global carbon ...
4 months ago | January 8, 2024
Former PPC boss gets R23m ‘pay out’ days before leaving
Moneyweb The former CEO of cement producer PPC, Roland van Wijnen, whose contract ended on 31 December, received a ‘pay ...
4 months ago | January 5, 2024
Top risks SA faces in 2024
As South Africa starts a pivotal year, it faces a confluence of risks that threaten its socio-economic stability. From ...
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