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South Africa’s Eskom secures R15 billion loan

JOHANNESBURG - Eskom has secured a R15bn credit facility which will form part of its current capital expenditure programme, the power utility said in...

How Zimbabwe’s Mid-Term Policy Will Trigger Retrenchments

HARARE – Zimbabwe Finance Minister Mthuli Ncube on Thursday presented a $10,85 billion supplementary budget during his 2019 Mid-Term National Budget Review. Major take-aways...

Glencore’s Former Africa Head to Build AGG Into Midtier Miner

JOHANNESBURG  -When Stan Bharti was appointed CEO of African Gold Group (AGG) earlier this month, he set a goal for the developer: To be...

Killer Virus Leaves Zimbabwe’s Mines in Limbo

HARARE — Zimbabwe’s mining industry is bracing for tough times as the country battles a coronavirus outbreak that is spreading throughout the world. The Chamber...

MTN Said to Earmark Stake in Botswana Venture for Sale

The MTN Group is considering the sale of its stake in Botswana’s largest wireless carrier, according to people familiar with the matter, as chief executive...

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