Business
Comprehensive business news. The latest gold, copper and metal prices, mining stock, market data and investing news.
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Namibia’s trade deficit improves to N$3.4 billion in September 2025
Namibia’s trade deficit narrowed to N$3.4 billion in September 2025, showing an improvement from the N$5.3 billion shortfall recorded in August 2025. The chief executive officer and statistician general of…
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Standard Bank pledges US$43.1 million in New GX Capital’s Airnergize platform
Standard Bank, Africa’s largest bank by assets, announced a R750 million (US$43.1 million) strategic equity partnership with Airnergize Capital, the clean technology platform owned by New GX Capital. This landmark…
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Kenya’s Mrima Hill draws US, China interest
Mrima Hill in Kenya’s coastal region is emerging as a central ground for global power play, with the US and China showing interest in the US$62 billion rich mineral forest…
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Exxaro divests FerroAlloys to EverSeed led Consortium
Exxaro Resources has announced the successful completion of the sale of its entire shareholding in Exxaro FerroAlloys Proprietary Limited to a consortium made up of FerroAlloys employees, FerroAlloys Management, and…
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Grindrod strengthens Africa’s trade corridors with Walvis Bay Investment
Grindrod Limited, a JSE-listed freight and logistics company, proudly celebrated the grand opening of its new warehouse facility in the Port of Walvis Bay. Strategically located near berths 7 and…
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Acquisition of option to buy Lepidico’s interest in Karibib project
International Lithium Corp. is pleased to announce, further to its announcement on 9th September 2025, that on 24th October 2025, Lepidico met all the drawdown conditions for completion of its…
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Harmony Gold acquires MAC Copper for US$1.01 billion
South Africa’s Harmony Gold has completed the US$1.01 billion acquisition of Australia-based MAC Copper Limited. The deal gives the Randfontein-based miner ownership of the CSA copper mine, officially making it…
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Dangote plans to double refinery capacity from 650,000 to 1.4 million barrels per day
Nigerian billionaire Aliko Dangote said that he plans to double the production capacity of his oil refinery within three years, aiming to make it the largest in the world. “We…
