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Why Absa has lost $1.35 billion in market value despite its new CEO's turnaround plan
Why Absa has lost $1.35 billion in market value despite its new CEO's turnaround plan

Absa Group has seen more than $1.35 billion (R22 billion) wiped off its market value since the start of 2026, as investors reassess the pace of the South African lend...

2 months ago | Emmanuel Oluwafemi Oniyide
Northam Platinum opens world’s deepest raise-bored PGM shaft in R6.3bn project
Northam Platinum opens world’s deepest raise-bored PGM shaft in R6.3bn project

Northam Platinum Holdings officially opened the Zondereinde No 3 Shaft on Friday — a 1,382-metre vertical personnel and materials shaft that is now the wor...

2 months ago | Emmanuel Oluwafemi Oniyide
UK backs $400 million AfDB funding to boost South Africa's energy transition and water infrastructure
UK backs $400 million AfDB funding to boost South Africa's energy transition and water inf...

The African Development Bank (AfDB) has approved a $400 million loan to help South Africa overhaul electricity and water services in Mpumalanga Province, marking a si...

2 months ago | Emmanuel Oluwafemi Oniyide
South Africa’s Operation Prosper nets 1,149 suspects in nationwide crackdown on illegal mining
South Africa’s Operation Prosper nets 1,149 suspects in nationwide crackdown on illegal mi...

A nationwide crackdown on illegal mining, organised crime and gang-related violence has resulted in 1,149 arrests across five provinces, police and military officials...

2 months ago | Emmanuel Oluwafemi Oniyide
UASA Secures Two-year Wage Deal at Kopanong Gold Mine
UASA Secures Two-year Wage Deal at Kopanong Gold Mine

Labour union UASA has concluded a two-year wage agreement with Kopanong gold mine, securing salary increases and living-out allowance hikes for workers at...

2 months ago | Emmanuel Oluwafemi Oniyide
Cameroon Plans Replacing Oil with Mining as Economic Stay
Cameroon Plans Replacing Oil with Mining as Economic Stay

Cameroon is preparing for a historic shift in how it makes money, with the government expecting mining to generate more annual revenue than oil for the fir...

2 months ago | Emmanuel Oluwafemi Oniyide
DRC Ships First Lithium Exports to China
DRC Ships First Lithium Exports to China

China's Zijin Mining Group has begun exporting lithium concentrate from its Manono project in the Democratic Republic of Congo, marking the central Africa...

2 months ago | Emmanuel Oluwafemi Oniyide
Malawi Taps Billionaire-backed Cancer Centre to Reduce Medical Tourism
Malawi Taps Billionaire-backed Cancer Centre to Reduce Medical Tourism

Malawi is set to reduce its dependence on costly overseas cancer treatment after reaching a landmark partnership with the International Blantyre Cancer Cen...

2 months ago | Emmanuel Oluwafemi Oniyide
Trafigura Backs Out of Angola's 2,000 MW Power Project Meant for DRC, Zambia
Trafigura Backs Out of Angola's 2,000 MW Power Project Meant for DRC, Zambia

Trafigura has withdrawn from a proposed 2,000-megawatt (MW) power transmission project that was expected to transport surplus hydropower from Angola to ene...

2 months ago | Emmanuel Oluwafemi Oniyide
Angola Plots Commanding Stake in De Beers, Africa's Biggest Diamond Company
Angola Plots Commanding Stake in De Beers, Africa's Biggest Diamond Company

According to Angola's Petroleum and Mineral Resources Minister Diamantino Azevedo, the country is still in negotiations about a possible investment in De B...

2 months ago | Emmanuel Oluwafemi Oniyide
Morocco Formalises Gaza Deployment as Security Stabilisation Strategy
Morocco Formalises Gaza Deployment as Security Stabilisation Strategy

Morocco has signed the implementation agreement governing its participation in the International Stabilization Force (ISF) for Gaza, moving a step...

2 months ago | Emmanuel Oluwafemi Oniyide
BAT-IG Celebrates Aremo Olusegun Osoba at 87, Hails His Enduring Wisdom and President Tinubu’s Shared Vision for a Stronger Nigeria
BAT-IG Celebrates Aremo Olusegun Osoba at 87, Hails His Enduring Wisdom and President Tinu...

PRESS RELEASEDate: July 17, 2026BAT-IG Celebrates Aremo Olusegun Osoba at 87, Hails His Enduring Wisdom and President Tinubu’s Shared...

2 months ago | Mercy Omotosho

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