Finance
Comprehensive finance information. The latest market data and investing news.
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Dec- 2018 -19 December
South Sudan sees $2 billion in oil investments as just the start
Recent pledges of $2 billion in investment for South Sudan’s oil may be just the start, with the war-torn nation…
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12 December
Gupta’s South African mining assets attract $215 million bid
A South African consortium called Project Halo has submitted the winning bid of 3.05 billion rand ($215 million) for three…
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12 December
Tanzania to sign deal this week for $3 billion power plant
Tanzania to sign a deal this week for the construction of a $3 billion hydroelectric power plant.
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11 December
Botswana’s Mowana copper mine suspends operations over working capital
Mowana Mine, Botswana’s only operating copper mine, has suspended operations due to working capital constraints which has seen the company…
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11 December
Zambia’s chamber of mines sees 21,000 job cuts due to higher taxes
Africa’s No.2 copper producer plans to introduce new mining duties, replace Value Added Tax with sales tax and increase royalties…
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6 December
Ghana rakes in U.S.$5.8 billion from mineral export
Governor of the Bank of Ghana (BoG), Dr Ernest Addison has called for the diversification and value addition to the…
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4 December
Cobalt’s star fades for Glencore traders
From riding high on cobalt’s boom, Glencore Plc traders are feeling the heat as falling prices and reneged contracts put…
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3 December
MPs query spies role in Sh7 billion mines mapping plan
Data from the Sh7 billion aerial mapping of Kenya’s mineral resources has been put to doubt after it emerged that…
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