Finance
Comprehensive finance information. The latest market data and investing news.
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May- 2019 -16 May
Mozambique expects $95 billion of gas revenue over 25 years
Mozambique’s government expects to reap $95 billion of revenue over 25 years from natural-gas deposits being developed in the country…
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16 May
Gold miner Metallon demands $132 million from Zimbabwe central bank
Africa-focused gold miner Metallon Corporation is demanding nearly $132 million it says it is owed by Zimbabwe’s central bank, legal…
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3 May
Namibia mining sector borrowing hikes corporate debt
Inter-company borrowing in the mining sector has pushed up corporate debt. The debt increased by 12,2% in 2018, standing at…
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2 May
Acacia loses fresh export plea
The Tax Revenue Appeals Board has supported the government’s decision to ban exports of gold and copper concentrates. Acacia’s Bulyanhulu…
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Apr- 2019 -25 April
Output at South Africa’s Amplats hit by Eskom power cuts
South African miner Anglo American Platinum Ltd’s (Amplats) first quarter production fell 6 percent, hit by problems at power supplier…
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Mar- 2019 -27 March
South Africa’s Sibanye-Stillwater will consider changing primary listing
South Africa’s Sibanye-Stillwater will explore changing its primary listing in a bid to access more capital as it explores growth…
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26 March
Zimbabwean diamonds to contribute $1 billion a year by 2023
Government yesterday commissioned the Airborne Mineral Exploration project in Chivi and Mwenezi districts in Masvingo Province to establish the extent…
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20 March
Moroccan phosphate miner OCP’s profit jumps 19 percent in 2018
Morocco’s OCP, the world’s leading phosphate exporter, reported a 19 percent rise in 2018 full-year net profit to 5.4 billion…
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