SA’s Treasury throws Transnet debt lifeline with R47bn guarantee
SOUTH Africa’s National Treasury agreed to provide a R47bn guarantee facility to Transnet, the beleaguered rail and ports operator, said Bloomberg News.
Citing a Treasury...
NUM says 10,000 jobs at risk in SA mining sector
AN estimated 10,000 jobs are at risk in South Africa's mining industry, according to BusinessLive, a newspaper.
The estimate, made by the National Union of...
Liberia president-elect will examine mining concessions
LIBERIA is to re-assess its mining concessions as part of president-elect Joseph Boakai's campaign promise to "rescue" the country.
Reuters cited the West African politician...
Transnet to buy “longer range weapons” in fight against crime
TRANSNET is to up the ante in its fight against crime, according to a report by BusinessLive which said the state-owned rail and ports...
Transnet heading for credit downgrade
TRANSNET is heading for a credit downgrade, according to BusinessLive which said on Monday Moody's had placed South Africa's state-owned ports and rail company on...
Anglo seeking buyers for Woodsmith POLY4 in Middle East, Africa
ANGLO American is seeking partners in the Middle East and Africa to do supply and distribution deals for fertiliser from its capital intensive Woodsmith...
Why is Anglo’s Woodsmith project struggling to win favour?
THE global vitamin and supplements industry is thriving. Estimates of its trajectory vary, but one is that vitamin sales will rise to $8.9bn in...
SA Govt to deploy soldiers to curb illegal mining
THE South African government has authorised the deployment of 3,300 soldiers in support of police efforts to curb illegal mining, said Bloomberg News.
Citing a...
Zimbabwean targeted as UK tightens sanctions on Russian metal exports
THE UK tightened sanctions on gold and platinum group metal (PGM) exports from Russia including the activities of a company with links to a...
Transnet R4.4bn debt rollover only raises prospect of state bailout
SOUTH Africa's Public Investment Corporation (PIC) rolled over R4.4bn in debt owed by the country's state-owned rail and ports firm Transnet, said News24.
However, the...