The company plans to invest an additional R500 million ($27 million) in 2024-2025, bringing the total investment to over R1 billion ($54.4 …
South African executive
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- Hot News
Anglo-American, led by South African exec. Duncan Wanblad, to sell two royalty assets for $195 million
Anglo-American, led by Duncan Wanblad initiates definitive asset divestment in two mines to a Singaporean consortium to optimize portfolio.
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South African executive Nkululeko Sowazi-led Sappi exits graphic paper, sells Lanaken mill to UTB for €50 million ($54.6 million).
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Matodzi admitted to orchestrating VBS scandal from 2017-2018, leading to the bank’s collapse and widespread financial devastation.
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Sibanye-Stillwater, led by CEO Neal Froneman, faces a cyberattack causing limited disruption to global operations.
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Glencore secures final approval for a 77-percent stake in Elk Valley Resources, bolstering its position in the competitive steelmaking coal market.
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The company under Neal Froneman has been undergoing significant restructuring to enhance sustainability and profitability.
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This marks a significant increase of 14.33 percent from the previous year’s $1 billion (£817.4 million).
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The acquisition of HSBC’s Mauritius businesses represents a pivotal moment for Absa Group, reinforcing its commitment to expanding its influence in African …
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The collaboration introduces Renault Financial Services, a new financing and services platform designed for Renault customers.