The CEO of South African coal miner Exxaro Resources, Nombasa Tsengwa, has resigned with immediate effect, the company said on Thursday, two months after she was suspended pending a governance probe.
Vedanta Resources is trying to raise around $1 billion in debt financing to fund development of its Konkola Copper Mines (KCM) in Zambia, Chris Griffith, head of the company’s base metals unit, said.
Africa’s leading public health official will write to the U.S. Secretary of State on Thursday to highlight how the U.S. aid freeze is threatening the lives of people across the continent and efforts ...
The largest mining Indaba returns to Cape Town for its 2025 addition. This Focus On highlights what Absa's strategy is for ...
Uganda’s central bank held its key lending rate at 9.75% on Thursday, saying that near-term inflation appeared well-contained but the outlook was more uncertain than normal given external risks.
Kenya’s central bank governor said on Thursday that bank officials did not see much effect on the exchange rate from U.S. President Donald Trump’s foreign aid freeze. In late January, Trump placed a ...
The Ugandan shilling was flat on Thursday ahead of a central bank rate decision, LSEG data showed. At 0801 GMT commercial ...
Global miner Anglo American on Wednesday posted a 6% fall in copper production last year to 773,000 metric tons, and reduced ...
China has toughened its tone following the Trump administration’s opening salvo of trade tariffs. “In the face of one-sided ...
Kenya’s shilling strengthened slightly on Thursday, and traders said they expected it to gain further ground in the days ahead, helped by dollar inflows from investors buying government bonds. At 0705 ...
The South African rand weakened early on Thursday as investors focussed on President Cyril Ramaphosa’s national address for clarity on the country’s economic and political policies. At 0641 GMT, the ...
ArcelorMittal South Africa said on Thursday it will delay the closure of its long-steel plant operations by a month, as the ...
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