Russia’s Rosatom in talks with Ghana

Andre Janse Van Vuuren|Published

Russia’s nuclear utility is holding talks with Ghana to prepare for the future use of atomic energy in the West African country.

Watch VideoBird flu costs Cameroon $20m

Andre Janse Van Vuuren|Published

The United Nations says Cameroon so far lost $20 million due to an outbreak of bird flu which continues to threaten farmers’ livelihoods.

AB Foods raises offer for Illovo Sugar stake

Andre Janse Van Vuuren|Published

Associated British Foods increases its offer to buy Illovo Sugar, valuing the African producer at R11. 5bn.

Uncertainty deepens after empowerment case delay

Andre Janse Van Vuuren|Published

SA judge postpones case on whether mining firms are compelled to permanently ensure their assets are at least 26% black-owned.

Chamber sees end to black ownership row

Andre Janse Van Vuuren|Published

SA’s Chamber of Mines is optimistic that it will resolve a dispute with the government about the requirements for black shareholding in mining companies this year. ...

ARM mulling bid for Kumba - Motsepe

Andre Janse Van Vuuren|Published

African Rainbow Minerals might consider a bid for Kumba Iron Ore, the company that Anglo American wanted to exit.

ARM signals funding risk as profit drops

Andre Janse Van Vuuren|Published

African Rainbow Minerals may ask shareholders for money after all its units - except its steelmaking-commodities division - suffered half-year losses.

Tiger Brands rallies on new CEO

Andre Janse Van Vuuren|Published

Tiger Brands appoints Lawrence Mac Dougall from Mondelez International as the new chief executive officer.

Eskom to get R5bn bailout

Andre Janse Van Vuuren|Published

South Africa will hand over R5 billion to Eskom as the final payment of a capital injection.

Implats sees interim profit drop

Andre Janse Van Vuuren|Published

Impala expects prices of the metal to remain low as it reduced its full-year output forecast and said first-half profit fell 13 percent.

Gupta deal gets Trib OK

Andre Janse Van Vuuren|Published

The Competition Tribunal approves the takeover of Glencore’s Optimum coal unit by a company owned by the Gupta family.

Kumba’s path from Anglo darling to reject

Andre Janse Van Vuuren|Published

Kumba Iron Ore is the latest casualty of the commodity price rout, with Anglo American seeking to dispose of its 69. 7% interest in the producer.

Evraz mulls closing SA unit

Andre Janse Van Vuuren|Published

The business rescue team at Evraz’s distressed South African unit is considering closing the steelmaker’s operations.

Chamber opposes joint court bid over Mining Charter

Andre Janse Van Vuuren|Published

SA’s Chamber of Mines says its application that the High Court decide on disputed black-ownership rules will be delayed should a separate request to nullify the ...

Impala’s profit may slide 30%

Andre Janse Van Vuuren|Published

Impala Platinum expects to feel the impact of an asset writedown and a plunge in metal prices.

Gupta-Zuma company to hold three Eskom contracts

Andre Janse Van Vuuren|Published

Tegeta Exploration & Resources will hold at least three supply contracts with Eskom once its takeover of a Glencore unit is complete.

Drought weighs on Pioneer

Andre Janse Van Vuuren|Published

Pioneer Foods says a drought in South Africa is weighing on earnings as soaring grain prices hit volumes and margins.

ArcelorMittal SA’s loss balloons

Andre Janse Van Vuuren|Published

ArcelorMittal South Africa expects the country to adopt tariffs as a safeguard against cheap imports before the end of next month.

Amplats sees more price pain

Andre Janse Van Vuuren|Published

Anglo American Platinum writes down mines and operations by R14bn and delays decisions on capital projects until next year.

Glencore ‘worked’ with govt on Gupta deal

Andre Janse Van Vuuren|Published

Glencore says it worked with “stakeholders” including the government to facilitate the sale of its Optimum coal mine to a Gupta unit.

Drought sours prospects for dairy farmers

Andre Janse Van Vuuren|Published

SA dairy farmers are scaling back milk output as lower prices and higher feed costs render some production unprofitable.

Job cuts: Kumba begins consultations

Andre Janse Van Vuuren|Published

About 3 900 workers will be affected as Kumba Iron Ore restructures.

Demand for lucerne higher as drought bites

Andre Janse Van Vuuren|Published

SA’s lucerne growers are seeing an upside to the drought: animal-feed shortages and surging exports are fuelling prices.

Food makers can’t cope

Andre Janse Van Vuuren|Published

SA’s biggest food producers may sacrifice profits to keep prices affordable and preserve market share.

SA’s Agoa benefits: Obama gets tough

Andre Janse Van Vuuren|Published

The US will suspend SA’s preferential access for agricultural products under Agoa from March 15.