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South African Reserve Bank appoints new advisor for governors
The South African Reserve Bank (SARB) has appointed Fundi...
Deloitte Africa unveils 2018 Outlook for Emerging Market insights
The year 2017 saw Emerging Markets (EMs) become the...
African Real Estate demand soars
Demand for investment in African real estate is expected...
deVere Group launches cryptocurrency app in South Africa
A cryptocurrency app is to be launched by one...
African Economic Outlook 2018 officially launched in Côte d’Ivoire
The African Development Bank (AfDB) has officially launched the...
How to make the tax act work for you
South Africa has a highly favourable tax environment for...
Vumile Msweli
Vumile Msweli is the Chief Executive Officer at Hesed...
Royal Bafokeng Platinum gets approval for Maseve mine acquisition
Royal Bafokeng Platinum (RBPlat) announced today, 17 January 2018,...
Ghana fast tracks EMV migration
Gemalto, a digital security company is providing its PURE...
ICRC and Tony Elumelu Foundation empower Nigerian entrepreneurs
The International Committee of the Red Cross (ICRC) and...

Mining

Harmony Gold production increased by 14%

Tuesday, November 7th, 2017

Harmony Gold production increased by 14%

Harmony Gold Mining Company Limited has announced its operating results for the first quarter ended 30 September 2017. “Operational excellence has strengthened our margins at our South African operations significantly. The recently announced Moab Khotsong acquisition will further enhance free cash flows and enforces Harmony’s belief that it offers an attractive investment case,” said Peter

Nigeria Mining Week re-ignites passion for the industry’s future

Monday, November 6th, 2017

Nigeria Mining Week re-ignites passion for the industry’s future

The President of the Miners Association of Nigeria, Alh Sani Shehu, describeDd the second edition of the Nigeria Mining Week conference and exhibition that took place in Abuja as a landmark achievement and encouragement for the mining...

Randgold Resources Q3 results lower than Q2

Thursday, November 2nd, 2017

Randgold Resources Q3 results lower than Q2

Randgold Resources’ results for Q3 were lower than those for Q2 but the company says it remains well positioned to achieve the top end of its production guidance for the year. Production was lower quarter on quarter...

SEIFSA stressed by US investigations into carbon and alloy steel imports

Monday, October 30th, 2017

SEIFSA stressed by US investigations into carbon and alloy steel imports

The Steel and Engineering Industries Federation of Southern Africa ( SEIFSA) is extremely concerned that the challenges of the local steel industry will only  worsen if the US Department of Commerce and the US International Trade Commissions’...

Southern Palace Group acquires Genrec Engineering

Monday, October 30th, 2017

Southern Palace Group acquires Genrec Engineering

Southern Palace Group today, 30 October 2017, announced it has signed an agreement to acquire 100% of Genrec Engineering, a steel fabrication and manufacturing business, from Murray & Roberts. “This acquisition is a continuation of Southern Palace’s...

Renergen secures first petroleum production right in South Africa

Tuesday, October 24th, 2017

Renergen secures first petroleum production right in South Africa

Renergen Limited, an integrated alternative and renewable energy business listed on the Johannesburg Stock Exchange (JSE), announced that it has received a positive environmental authorisation or record of decision (RoD) on Tetra4’s Environmental Impact Assessment (EIA) by...

BEE charter participation can save South African mining sector

Monday, October 23rd, 2017

BEE charter participation can save South African mining sector

The current furore over the proposed mining charter should be seen as a wake-up call to craft a genuinely transformed mining industry based on the kind of public and stakeholder participation envisaged in the Constitution, says Vanessa...

Dangote Cement strengthen pan-African market volume

Sunday, October 22nd, 2017

Dangote Cement strengthen pan-African market volume

Pan-African cement manufacturer, Dangote Cement has maintained its strong hold in the Nigeria domestic cement market accounting for 65 percent of the Nigerian market volume, while other African plants’ volumes went up by 7.5 percent to 7.0...

Tshimologong Digital Innovation Precinct launches Mine.D hackathon

Thursday, October 12th, 2017

Tshimologong Digital Innovation Precinct launches Mine.D hackathon

The next wave of growth within the mining sector will be enabled by technology.   This is according to newly appointed Tshimologong Precinct CEO, Lesley Donna Williams, who says that while digital disruption has largely been consumer-facing,...

Sibanye-Stillwater launches $450 million senior unsecured guaranteed convertible bonds

Tuesday, September 19th, 2017

Sibanye-Stillwater launches $450 million senior unsecured guaranteed convertible bonds

Sibanye Gold Limited has launched an offering of US$450 million senior unsecured guaranteed convertible bonds due 2023.  The proceeds are expected to be used to refinance the outstanding portion of the bridge loan raised for the acquisition of...

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