AngloGold's focus on cutting costs

[Allan Seccombe] AngloGold Ashanti is gearing up to sell a second mine as the company deepens its focus on delivering value to shareholders in a difficult gold market‚ new chief executive Srinivasan Venkatakrishnan said on Monday (13 May). 14 May 2013 12:30

IMF forecasts "solid growth" for Africa

Economies in sub-Saharan Africa will ride out the bumpy global recovery in the next few years to post growth rates not seen outside Asia, the IMF said in its latest economic forecasts Tuesday (16 April). 17 Apr 2013 09:47

Africa needs economic integration

[Mariam Isa] African countries must integrate their economies in order to support a new wave of industrial development across the continent‚ Department of Trade and Industry Minister Rob Davies said Tuesday (26 March). 27 Mar 2013 09:40

Norton Rose tells insurers to tread carefully in Africa

[Phakamisa Ndzamela] Global legal practice Norton Rose has advised South African insurers expanding into other African countries to look beyond the sector-specific regulatory requirements in the jurisdictions they are entering as failure to do so could undermine their investments. 20 Mar 2013 09:25

Coal mining resumes at Benga

Eqstra Holdings will resume its contract mining operations at Rio Tinto's Benga coking coal project in Mozambique on Thursday (7 March) and will be paid compensation after Rio halted mining last month. 7 Mar 2013 11:23

Minister "made mistake" says Mugabe

Zimbabwe President Robert Mugabe said his minister in charge of indigenisation, Saviour Kasukuwere, had made a "mistake" in striking an R8.3bn empowerment deal with Impala Platinum and he questioned whether the company should be paid for transferring a 51% stake to local owners. 5 Mar 2013 11:10

Anglo American earnings down 55%

Resources group Anglo American PLC reported a 55% decline in underlying earnings per share to US 2.26 cents for the year ended December from 5.06 cents a year ago. 18 Feb 2013 10:27

SA's labour militancy hurts Botswana

[Nicholas Kotch] President Ian Khama of Botswana says labour militancy in South Africa and port congestion at Durban are putting bilateral trade in jeopardy. 16 Feb 2013 13:03

Zimbabwe to seize land from mining company

The Zimbabwean government will seize nearly 28ha of land leased by platinum miner Zimplats, in a fresh drive to re-allocate assets to local business, the mining minister, Obert Mpofu, said on Tuesday (12 February). 13 Feb 2013 11:20