Revival of Consumer Demand in South Africa Signals Economic Recovery
South African firms are experiencing renewed demand due to improved power supply and declining inflation. Major companies report double-digit profit...
Business
Botswana Diamonds Secures Mining Permit for Thorny River Project
Botswana Diamonds has acquired a mining permit for the Thorny River project in Limpopo, South Africa. This development follows extensive...
GBTI Announces $4 Billion Profits for 2024, Emphasizing Digital Transformation
GBTI recorded $4 billion in after-tax profits for 2024, a 31% increase from 2023, alongside a 24% growth in total...
Montero Mining Concludes Settlement with Tanzania, Considers Shareholder Returns
Montero Mining and Exploration has received a final settlement payment of US$7 million from Tanzania, completing a US$27 million settlement...
Montero Mining Secures Second Payment of US$8 Million From Tanzania
Montero Mining has received US$8 million from Tanzania as the second instalment of a US$27 million settlement. The final payment...
Cobre Limited Highlights Notable Copper Discovery in Botswana
Cobre Limited has made a notable copper discovery in Botswana, indicating substantial potential for new mining operations. This finding is...
South Africa’s Economic Growth Reaches Four-Year Low in 2024
In 2024, South Africa's economy grew by only 0.6%, its lowest rate in four years, largely due to logistical challenges...
Montero Mining Concludes USD 27 Million Settlement with Tanzania
Montero Mining has received USD 7 million from Tanzania, concluding a USD 27 million settlement related to the expropriation of...
Favorable Business Environment in Kenya Attracts Investors, Says CEO
John Mwendwa, CEO of the Kenya Investments Authority, stated that Kenya's conducive business environment is attracting investors and creating economic...
South Africa’s Economic Growth Hits Lowest Level Since Pandemic in 2024
In 2024, South Africa's GDP growth reached only 0.6%, marking the slowest increase since the pandemic due to multiple factors...
