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Uganda: Australian firm to exit Manafwa Mines over debt

Black Mountain Resources Limited has decided to sell its license for the Namekara vermiculite mine in Manafwa in exchange for a debt relief of about $4.2m from one of its shareholders...

By Jeff Mbanga 3 May 2018

Inaugural Africa Blue Economy Forum to coincide with World Oceans Day

More than 150 delegates and speakers are expected to attend the inaugural Africa Blue Economy Forum...

30 Apr 2018

Benedict Peters and the Nigerian economic recovery

Nigeria-based oil and energy conglomerate Aiteo is creating a new paradigm for the oil industry in Africa. The company recently made news for its successful purchase of OML 29, a massive onshore oil block license, which will drastically increase its output...

By Boris Dzhingarov, Issued by Monetary Library 5 Oct 2017

SA companies explore opportunities in Tunisia, Algeria

A delegation of South African companies is currently on a trade and investment mission in Tunisia and Algeria, where they are exploring export markets...

3 Oct 2017

Ugandan refinery raises fears on conflict minerals

The inauguration of Uganda's first gold refinery sparked concern over the possibility of dirty minerals from regional conflict zones making their way into the country...

23 Feb 2017

Uganda commissions first gold refinery

President Yoweri Museveni has commissioned Uganda's first gold refinery with a promise to abolish royalty taxes to boost the sector....

21 Feb 2017

Could Africa become like China?

Africa's changing demographic over the next three-and-a-half decades could transform the continent into the next China, but only if its youthful population is educated and entrepreneurial.

By Jana Marais 19 Aug 2014

Postive results likely from US-Africa summit says Davies

South Africa and Africa in general benefitted immensely from the recent US-Africa Leaders' Summit held in Washington last week, Trade and Industry Minister Rob Davies said on his return.

13 Aug 2014

Africa must look for partnerships

Africa needs to form partnerships with the developed nations in order to realise the continent's goal to industrialise, International Relations and Cooperation Minister Maite Nkoana-Mashabane said .

By Chris Bathembu 5 Aug 2014

Sanlam looking to invest in Africa, South-East Asia

Sanlam says it has R3bn in discretionary capital that is earmarked for growth opportunities mainly in Africa and South-East Asia.

By Phakamisa Ndzamela 6 Jun 2014

Grindrod, a boost for Africa

Shipping and logistics group Grindrod has been a big spender on infrastructure for some time. Growing its network of port and rail operations allows the group to diversify away from international shipping, a notoriously cyclical business.

19 May 2014

Zimbabwe central bank has 'no tools' to fix economy

Zimbabwe's new central bank chief said the country's economy was weakening and the bank did not have the tools to fix it.

8 May 2014

Zimbabwe takes heart from Antwerp trial sale of gems

Zimbabwe is planning a second auction of its Marange diamonds next February‚ buoyed by the interest in and sale of more than 279‚000 carats of diamonds in Antwerp‚ Belgium. The sale raked in US$10.7m.

By Ray Ndlovu 24 Dec 2013

Barloworld plans Africa expansion

Barloworld is targeting six sectors to boost the growth of its business and is busy positioning itself "o expand into west and east Africa‚ according to company chief executive Clive Thomson.

By Nick Hedley 20 Nov 2013

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