Friday, July 30, 2021

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Indian Billionaire Anil Agarwal Divests From Anglo

JOHANNEBURG– Indian billionaire Anil Agarwal, the biggest shareholder in mining company Anglo American, said on Thursday he was divesting the nearly 20 percent stake he...

African countries acquire over 61m COVID-19 vaccines: Africa CDC

Some 51 African countries have acquired about 61.4 million Covid-19 vaccines so far, the Africa Centres for Disease Control and Prevention (Africa CDC) said...

Anglo CEO Cutifani: Mining industry facing unprecedented disruption

JOHANNESBURG - The mining industry is facing a time of unprecedented disruption, says Mark Cutifani, CEO of Anglo American. Speaking on the first day of...

Zimbabwe Got Loan From Afreximbank Using Platinum Collateral

LONDON - Zimbabwe secured a US$500 million loan from the African Export-Import Bank to try and stabilize its currency market by offering platinum production as collateral,...

Zimbabwe Scraps Bond Note, U.S. Dollar Peg

HARARE- Zimbabwe on Wednesday abandoned a peg that was supposed to ensure its quasi-currency bond note would trade at parity with the U.S. dollar, Central...