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Africa is rich in diamonds but still poor
Africa is rich in diamonds but still poor

For months now, Africa's rough diamonds have been increasing in value but the sale proceeds do not reach the people. Instead, they benefit the metropolitan elite and the mine companies, which are usually foreign-owned.

3 days ago

Dangote emphasises diversification of African economies, importance of agriculture
Dangote emphasises diversification of African economies, importance of agriculture

In a packed room at the headquarters of global law firm Shearman and Sterling LLC, Nigerian entrepreneur and business leader, Aliko Dangote told investors: "Agriculture, agriculture, agriculture. Africa will become the food basket of the world." High-level business leaders and international diplomats were invited by the Corporate Council for Africa to hear Aliko Dangote, and Rwandan president Paul Kagame, openly converse on Africa's opportunities and challenges.

3 days ago

The case for corporate renewable energy projects in Africa
The case for corporate renewable energy projects in Africa

Renewable energy has journeyed from the subsidised fringes of electricity supply to become an integral part of the power landscape, particularly across Africa where it has the potential to provide millions of citizens and businesses with access to a cleaner, more affordable, easily deployable and rapidly scalable source of power.

By Theuns Ehlers 3 days ago

Elandsfontein phosphate mine. Photo: Kropz
Activists and state departments fear Elandsfontein mine could damage area

A new phosphate mine on the West Coast is being challenged by environmental activists and state departments who say the mine has been unlawfully established and fear it could damage the surrounding sensitive environment.

By Ashleigh Furlong 3 days ago

Mining Indaba appoints Scan Display official contractor
Mining Indaba appoints Scan Display official contractor

Scan Display, an exhibition, event and display specialist, has been appointed the official exhibition contactor for Investing in African Mining Indaba 2018.

Issued by Scan Display 20 Sep 2017

Eskom's reckoning must not be delayed further
Eskom's reckoning must not be delayed further

The Eskom Inquiry may have been postponed, but the momentum that is gathering against the forces of state capture cannot now be stopped, say academics at the UCT Graduate School of Business.

Issued by UCT Graduate School of Business 19 Sep 2017

Srinivasan Venkatakrishnan, CEO: AngloGold Ashanti. Picture: BusinessLIVE/Martin Rhodes
Unsolicited offer for gold mine

AngloGold Ashanti has signed a memorandum of understanding with a group interested in buying its Kopanang gold mine, which the company is preparing to close.

18 Sep 2017

Nico Muller, CEO: Implats. Picture: Robert Tshabalala /Financial Mail
Implats warns of job cuts as it tackles unprofitable shafts

Impala Platinum (Implats), the world's second-largest producer of the metal, is heading for turbulent times as it cuts jobs and tackles its unprofitable Rustenburg mines, the biggest contributor to group production and a major factor to its full-year loss.

18 Sep 2017