JSE-listed Life Healthcare Group, through its wholly owned indirect subsidiary in the  UK, Life Medical Group Limited (LMGL), has entered into binding agreements with Lantheus Neurology UK, a wholly owned subsidiary of Lantheus Holdings for the sale of 100% of the issued share capital of LMI Limited and its subsidiaries, collectively known as Life Molecular [...]

A well progressing Tharisa mine underground definitive feasibility study accompanied by early works capital deployment is reported by Johannesburg- and London-listed platinum group metals (PGMs) and chrome company Tharisa Minerals in its latest quarterly production report. In addition is ongoing appraisal of value engineering opportunities at the Karo platinum project in Zimbabwe, where work packages [...]

The Airports Company South Africa (ACSA) has reported that it has received assurances from the Fuels Industry Association of South Africa (FIASA) that risk mitigation measures are being implemented, by the National Petroleum Refiners of South Africa (Natref), to ensure the uninterrupted supply of jet fuel to OR Tambo International Airport (ORTIA). This followed a [...]

A turnaround in the finances of South Africa’s Eskom Holdings has won praise from investors but they are keeping their eyes on one issue — the company’s struggle to recoup about R95-billion in unpaid electricity bills from cities and towns across the country. It’s a debt pile that continues to mount as municipalities themselves fall [...]

President Cyril Ramaphosa said on Monday that government will use the upcoming G20 summit to profile and actively promote South Africa as a tourism destination of choice, saying the tourism sector has significant potential. South Africa assumed the G20 Presidency on December 1, 2024 and will host the G20 Leaders’ Summit later this year. Ramaphosa [...]

Namibia’s Mines and Energy Ministry has downplayed the impact of energy company Shell recent $400-million write-down on its offshore oil discoveries, stating that the country it remains committed to developing its hydrocarbon discoveries. “We are dedicated to progressing these opportunities with the right partner and right investment commitment,” the government stated on Friday, adding that [...]

India aims to produce five-million tonnes of green hydrogen year by 2030 under the National Green Hydrogen Mission, Prime Minister Narendra Modi has announced. As a first step, two green hydrogen hubs will be established, with inaugural projects in Visakhapatnam, Andhra Pradesh, worth about $27-billion.

While the Democratic Alliance has welcomed the Department of Trade, Industry and Competition’s approach on compensating whistleblowers who suffer serious losses because of their contribution to cleaning up corruption, the party is calling for a department-wide policy. In a reply to a DA Parliamentary Question, Minister of Trade, Industry and Competition Parks Tau confirmed that [...]

South African domestic and regional airline Airlink has announced that it is resuming flights to Nampula on Thursday. It had suspended flights to the Mozambican destination because of threats that its aircraft could be seized, following an order issued by a local court. The threat of the seizure of the aircraft stemmed from a legal [...]

South Africa’s State Diamond Trader will be presenting an inaugural diamond show in Cape Town from February 2 to 5. Each day of the 2025 South Africa Diamond Show will focus on themes that include sustainability and ethical sourcing and attention will be called to the value of natural diamonds mined and beneficiated by South [...]

Ethiopia is opening a stock exchange after a five-decade gap, in its latest step to lure investors to a nation that’s struggling to control regional strife as it recovers from a civil war. Ethiopia Investment Holdings, which controls 40 State-run companies, is selling shares in Ethio Telecom to raise as much as 30-billion birr ($234-million) [...]

Demand for battery raw materials will outpace base-case supply for certain materials, requiring additional investment and leading to fear of shortages and price volatility, among other challenges, strategy and management consulting company McKinsey projects. The fast-growing demand for batteries, for example from the automotive and energy sectors, has caused unprecedented levels of investment by raw [...]