African Reserves Loans

Zimbabwe: Metallon outsourcing lawsuit to continue

Zimbabwe’s leading gold producer Metallon Gold is now on trial on six counts of outsourcing a total of US$31 million between 2009 and 2015 after the High Court dismissed a request to quash the indictment and authorized the prosecution to amend the charges to comply fully with the provisions of the law. Metallon is accused […]

African Reserves Loans

Why some African nations continue to support Russia

The number of African countries that abstained in the United Nations General Assembly vote condemning the Russian invasion of Ukraine surprised some. But it follows a certain logic based on recent and historical precedents, says analyst Aanu Adeoye. “Africans see this Russian-Ukrainian invasion as Russia on the one hand against Ukraine and some Western allies,” […]

African Reserves

Study highlights need for Southern Ocean marine conservation areas

The largest research project ever undertaken by multiple nations, using seabird and mammal tracking data across the Southern Ocean, calls for the urgent creation of conservation areas. The results of this international collaboration, published in Nature, aim to inform spatial management across the Southern Ocean, to recommend where Marine Protected Areas (MPAs) should be expanded […]

African Reserves

Gold Fields South Deep mine pays off after years of losses

gOld Fields Ltd. said the turnaround at its giant mine in South Africa was starting to pay off after more than a decade of losses that plagued the Johannesburg-based company. South Deep, which sits on the third-largest known deposit of gold ore, nearly tripled the net cash it generated to US$97 million in 2021 as […]

Lions And Zoos

Did Omicron come from mice?

Last Thanksgiving, Rilu, an eleven-year-old snow leopard and father of seven, started sneezing and wheezing. Snow leopards are native to the Himalayas, but Rilu was born in an Oklahoma City zoo and then moved to Miller Park Zoo in Illinois in 2011 to be part of the Species Survival Plan – the effort twinning zoos […]

African Reserves

African Pioneer PLC lifted by positive site visit in Namibia

African Pioneer PLC (LSE:AFP) gained ground after a positive site visit to its 85% owned Ongombo Copper Mine project in Namibia. Chairman and CEO Colin Bird said, “All the fundamental elements of the Ongombo Copper Mine project are in place. The technical team visit was designed to identify potential negative issues and look for opportunities […]

African Reserves Loans

MC MINING LIMITED – US$5.6 million capital raised – SENS

Capital Raising US$5.6 million MC Mining LimitedPreviously Coal of Africa Limited(Incorporated and registered in Australia)Registration number ABN 008 905 388ISIN AU000000MCM9JSE share code: MCZASX/AIM code: MCM 1 February 2022 Capital Raising US$5.6 million MC Mining Limited (MCM or the Company) is pleased to announce it has entered into astaged ZAR86,036,691 (86 million South African Rand) […]

Lions And Zoos

Covid News: Austrian adult vaccine mandate nears approval

Members of the University of Pretoria veterinary team take samples from a lion that contracted the coronavirus from its handlers at a zoo in Johannesburg.Credit…Marietjie Venter JOHANNESBURG – Lions at a South African zoo who caught the coronavirus from their handlers were sick for more than three weeks and continued to test positive for up […]

African Reserves

Shahnawaz Dahani promises to win trophy again for Multan Sultans

Shahnawaz Dahani.– Screenshot via Geo News I’m still the same Dahani when it comes to my attitude, the player says. Pacer says he will surprise hitters with his new strategy in PSL 7. Dahani calls the meeting with former India captain MS Dhoni a “very special moment”. KARACHI: Shahnawaz Dahani was a lesser-known name exactly […]

African Reserves Loans

‘This country is finished’: South Africans question new R11.5 billion loan to South Africa from World Bank

South Africa will receive an 11.5 billion rand loan from a global financial institution, the World Bank The World Bank and the South African National Treasury say the loan would be used to help low-income families cope with the impacts of the Covid19 pandemic South Africans question why South Africa needs another loan and fear […]

African Reserves

‘Great world player in the making’: Shastri heaps praise on SA star, compares him to a ‘childhood hero’ | locust

South Africa scripted an impressive Test series victory from behind as the Proteas side beat India by seven wickets in Cape Town chasing a tough 212 on the Newlands box. The victory negated the first-ever Test series victory in the Rainbow Nation for India, which was equipped with relatively experienced players in front of the […]

African Reserves

The dollar gauge set to end the week has hardly changed, as traders aren’t taken aback by the hawkish Federal Reserve pivot

[ad_1] The US dollar index is set to end the week virtually unchanged, despite the release of the Federal Reserve minutes showing a hawkish pivot away from an accommodative policy, which has led to massive sell-offs in the stock markets and to greater expectations of aggressive tightening in the coming months. The DXY index, -0.60%, […]

African Reserves

Emerging Markets Central Bank Asset Purchases Can Be Effective …

[ad_1] (MENAFN- Caribbean News Global) By Tobias Adrian, Christopher Erceg, Simon Gray and Ratna Sahay Over the past two decades, central banks in emerging markets have made substantial progress in building the credibility necessary to conduct countercyclical monetary policy. During the COVID crisis, many of these central banks not only cut interest rates sharply, but […]

African Reserves

An update as Omicron Surge beats in the US

[ad_1] Exchange is monitoring the Omicron variant, which has skyrocketed COVID cases across much of the world. Fortunately, some early data suggests that this variant could be, in some cases, less fatal than previous variants. Cases have increased dramatically, with an average of 400,000 new cases recorded in the United States each day, double the […]

African Reserves

A military nod to marriages with “foreigners” and other associated Sri Lankan nonsense | Print edition

[ad_1] Views) : On the same day that the powerful voice of South African anti-apartheid lawyer and priest Desmond Tutu fell silent (December 26, 2021), Sri Lanka announced an absurd rule potentially requiring citizens who marry “foreigners” »Obtain a security clearance from the Ministry of Defense. Parameters that defined the apartheid state There is a […]

African Reserves Loans

Nairobi abandons plan to renationalise Kenya Airways

[ad_1] The Kenyan government has abandoned its plan to renationalize Kenya Airways (KQ, Nairobi Jomo Kenyatta) but will instead protect its financial interests in a $ 1 billion restructuring of the national carrier which will include a debt assumption of $ 827 million and an injection of funds of $ 473 million. , revealed the […]

Lions And Zoos

Detroit Zoo vultures travel to South Africa to boost conservation agenda

[ad_1] The scavenging vultures Mrs. Nasty and Nelly hang out at the Detroit Zoo. The couple, along with three other vultures from the Detroit Zoo, made their permanent home in South Africa to support a vulture conservation program in November. Advertising ROYAL OAK – In November, five vultures that previously inhabited the Detroit Zoo traveled […]

African Reserves

South Africa: Green Hydrogen Policy – A Rapidly Growing Timeline of Important Developments

[ad_1] In short As an essential component of South Africa‘s energy transition, the production, transport, storage and use of green hydrogen have been the subject of numerous policy updates and commitments from the public and private sectors. in the country, especially in the past year. The schedule of developments is not expected to slow down […]

African Reserves

A Week at Kruger – The Mother of All Safari

[ad_1] Being born and raised in the remote state of Assam in northeast India has its perks, especially when it comes to appreciating concepts like wilderness, mountains, conservation issues, etc. -National parks known as Kaziranga, Manas, Pobitora, etc…, accompanied by my father, who being an agricultural scientist frequently had to visit the remote hinterland of […]

African Reserves

A private reserve deplores the lack of government support …

[ad_1] This article contains graphic images that may disturb sensitive readers. During a routine patrol on Wednesday evening, an anti-poaching unit found four rhinos dead and one wounded with horns torn off at the Inverdoorn private reserve just outside Cape Town. Johan van Schalkwyk, Marketing Director of the Aquila Collection Group, a portfolio of private […]

African Reserves Loans

Stocks to rebound on Omicron hopes and oil rally

[ad_1] MARKET ENVELOPES To watch: Manufacturing orders / turnover in Germany; Retail sales in Italy; UK Car Registrations, Construction PMI, Household Finances Review, CBI Economic Forecasts; meeting of the Eurogroup of euro area finance ministers; no major company update is expected Opening call: Allaying fears about Omicron’s seriousness should help fuel a rally in European […]

African Reserves Loans

Omicron: the sequel may be more virulent than the infection

[ad_1] Omicron: the sequel may be more virulent than the infection Global economic recovery after the Covid crisis threatened By Anjan Roy The waves of new variations of the old cursed pandemic are bad news for the health of the planet. Moreover, the economic disruption they have created is a double whammy. The only good […]

African Reserves Loans

Mantashe clearly expresses its position on the new energy plans for South Africa

[ad_1] Mineral Resources and Energy Minister Gwede Mantashe said the South African government is committed to a “just transition” away from harmful carbon emissions, but will not do so at the expense of economic growth . Addressing the African Energy Week conference in Cape Town on Tuesday, November 9, Mantashe said South Africa had a […]

African Reserves Loans

COP26: the “most polluting” and “most corrupt” electricity company in the world could benefit from green funding

[ad_1] One of the achievements in Glasgow is the very first such deal – a pact made by rich countries to finance a developing country’s transition from coal to renewable energy sources. The European Commission has already announced the deal, which involves the US, UK, Germany and France. The beneficiary is South Africa. This is […]

African Reserves Loans

SIBANYE STILLWATER LIMITED – Sibanye-Stillwater to acquire Santa Rita nickel mine and Serrote copper mine in Brazil – SENS

[ad_1] Sibanye-Stillwater to acquire the Santa Rita nickel mine and the Serrote copper mine in Brazil Sibanye Stillwater LimitedIncorporated in the Republic of South AfricaRegistration number 2014/243852/06Share codes: SSW (JSE) and SBSW (NYSE)ISIN – ZAE000259701Issuer code: SSW(“Sibanye-Stillwater” or “Company” or “the Group”) Website: www.sibanyestillwater.com Sibanye-Stillwater to acquire the Santa Rita nickel mine and the Serrote […]

Animal Conservation

Elephant kills South African man in Zimbabwe’s Mana Pools – Boston News, Weather, Sports

HARARE, Zimbabwe (AP) – A 71-year-old South African tourist was trampled to death by an elephant “in sight” of his son in Zimbabwe’s Mana Pools National Park, the parks agency said Thursday. country, days after another fatal elephant encounter occurred in a separate park. A “helpless” elephant this week indicted the tourist and her 41-year-old […]

African Reserves

$ 290 billion funding gap slows Africa’s recovery ⋆ 4State News MO AR KS OK

[ad_1] Sub-Saharan Africa needs significant additional funds to counter the damage caused by the coronavirus pandemic, strengthen its prospects for economic recovery and mitigate threats posed by climate change, according to the World Bank. The regional economy is expected to grow 3.3% in 2021, after contracting by around 2% last year, the Washington-based lender said […]

African Reserves Loans

Economy 2021

[ad_1] The writer heads the Sustainable Development Policy Institute. The Pakistani economy faces a triple challenge: Internationally, it faces soaring prices of essential commodities such as oil, gas, wheat and sugar and unusually high shipping costs. raised on its foreign trade; at the regional level, it is grappling with the economic and financial fallout from […]

African Reserves

Redefining health in 2022

[ad_1] Bonitas Medical Fund’s 2022 product line includes the use of reserves to keep contribution increases low, a Benefit Booster to extend daily benefits, a revised international travel benefit with payment for Covid tests and a contribution at quarantine costs. Emphasis is also placed on preventive care, virtual consultations and plans that allow more South […]

African Reserves Loans

Nigeria struggles to revive struggling oil palm sector

[ad_1] Standing next to piles of dark red palm fruits ready to be crushed for their essence, Nigerian farmer Micah Ojo hopes to capitalize on the government’s willingness to revive the country’s once thriving palm oil sector. His farm is one of the small plantations scattered across southern Nigeria where the government is investing heavily […]

Animal Conservation

Couple donates $ 100 million to conserve 57,000 square miles of African protected areas

A South African-based nonprofit conservation group that manages 19 protected areas on the continent has secured a donation of $ 100,000,000. Gorillas in Odzala-Kokoua National Park in Congo will benefit from the donation. © Andrew Beck and African Parks Rob and Melani Walton Foundation grant pledged to African Parks, which manages parks in eleven African […]

African Reserves

More than 60 African penguins found dead in South Africa, experts suspect bee attack as the cause of death

[ad_1] Researchers “rediscovered” a bee lost for years In an unfortunate blow to the endangered African penguins (Spheniscus demersus), 63 birds of the species were reportedly killed by a swarm of bees on a beach outside the South African capital of Cape Town. The announcement was made on Sunday by the Coastal Bird Conservation Foundation […]

African Reserves Loans

Overview of the African economy as @ 170921

[ad_1] Friday, September 17, 2021 / 3:00 p.m. / United Capital Research / Header image credit: EFT Trends Anglophone West Africa Nigeria According to the National Bureau of Statistics (NBS), headline inflation in Nigeria reached 17.01% year-on-year in August-2021, below inflation estimates for July-2021 (17.38%), this which implies that the rate of price change has […]

African Reserves Loans

DIDBS – Audited annual financial statements for the year ended March 31, 2021 – SENS

[ad_1] DIDBS – Audited Annual Financial Statements for the Year Ended 31 March 2021 Development Bank of Southern Africa Limited(reconstituted and incorporated in terms of section 2 of the Development Bank of Southern Africa Act, 1997)Registration number: 1600157FNJSE company code: DIDBSLEI code: 25490071AZ4HOFUNIH94(“DBSA” or the “Bank”) AUDITED ANNUAL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 […]

African Reserves

ITALTILE LIMITED – Abridged announcement for the fiscal year ended June 30, 2021 – SENS

[ad_1] Short Form Announcement for the Year Ended 30 June 2021 Italtile LimitedShare code: ITEISIN: ZAE000099123Registration number: 1955/000558/06Incorporated in the Republic of South Africa(‘Italtile’ or ‘the Group’ or ‘the Company’) SHORT FORM ANNOUNCEMENT FOR THE YEAR ENDED 30 JUNE 2021 – System-wide turnover up 25% to R11,6 billion (2020: R9,3 billion)– Trading profit up 70% […]

African Reserves Loans

Expert analyst Kokkie Kooyman gives insight into Sasria, China and Nedbank

[ad_1] Denker Capital’s Kokkie kooyman, an expert banking analyst and one of South Africa‘s top investment specialists, joined the BizNews Power Hour to weigh in on the impact of events that unfolded over the past month. Kooyman delivered valuable insight and bittersweet news regarding the burden on the public insurer Sasria is now due to […]

African Reserves Loans

Mozambique: how Frelimo betrayed Samora Machel’s dream of a free Mozambique

[ad_1] Forty-six years ago Samora machel, leader of the Mozambique liberation movement and the country’s first president, stood before a euphoric crowd at Machava Stadium and declared the complete and total independence of Mozambique. He inspired the Mozambican people to imagine and build a new nation in which development, social justice, solidarity with – and […]

African Reserves

Rwanda sends 1,000 soldiers and police to fight Mozambican militants | Voice of America

[ad_1] Rwanda says it is sending 1,000 security agents to Cabo Delgado province in northern Mozambique to help fight Islamist militants who have terrorized the region. In a statement posted on the government website on Friday, Rwanda said the deployment would begin immediately and was being carried out at the request of the Mozambican government. […]

African Reserves

EMERGING MARKETS – Stocks and currencies fall as Fed minutes and virus issues fuel caution

[ad_1] Band Ambar Warrick July 7 (Reuters) – Most emerging market currencies fell on Wednesday, as stocks were expected to experience their worst losing streak in 10 months, with investors fearing more hawkish signals from the minutes of the recent US Federal Reserve meeting. MSCI Emerging Market Currency Index .MIEM00000CUS fell 0.3% to a two-month […]

African Reserves

‘Hello, my name is South Africa … we have a collection …

[ad_1] (Photo: Lauren DeCicca / Getty Images) New research published in the South African Medical Journal has found compelling evidence that a blanket alcohol ban reduces the number of unnatural injury-related deaths, while curfews have less impact. Adele Baleta spoke with lead author Professor Tom Moultrie. New research published in the SA Medical Journal (SAMJ) […]

African Reserves

Delta variant of Covid creates gap in emerging markets as outperformers strike

[ad_1] Countries lagging behind in vaccination rates, such as South Africa and Russia, could feel the pressure as they tighten restrictions that will hurt economic activity, according to Crédit Agricole CIB. Once the best performers of 2021, the rand and ruble were among those that pushed an emerging market currency index down in June for […]

African Reserves

Africa’s turn to green energy

[ad_1] A handful of countries on the African continent have the potential to address future shortages of the minerals needed to drive green energy solutions, but investments, political, regulatory and infrastructure hurdles persist. -Due to future uncertainty, miners are unlikely to put money into Greenfield investments-Copper production in the DRC is supposed to explode– China’s […]

African Reserves

Traveling to South Africa during Covid-19: what you need to know before you go

[ad_1] Editor’s note – Coronavirus cases remain high around the world. Health officials warn that travel increases your chances of contracting and spreading the virus. Staying at home is the best way to contain transmission. Below is information on what to know if you’re still planning to travel, last updated on June 11. (CNN) – […]

African Reserves Loans

Information Note on the Official Gold and Foreign Exchange Reserves of the Reserve Bank of South Africa as of May 31, 2021

[ad_1] PO Box 427 Pretoria 0001 South Africa 370 Helen Joseph Street Pretoria 0002 +27 12 313 3911/0861 12 7272 www.resbank.co.za Financial Markets Department Ref. n °: 16/6/2/7/1 Information Note on the Official Gold and Foreign Exchange Reserves of the Reserve Bank of South Africa as of May 31, 2021 This notice provides details of […]

African Reserves

Anglo-American coal mines in South Africa ‘worthless’, says researcher in scathing attack

[ad_1] Anglo American’s South African coal mines are “worthless,” according to researcher Boatman Capital, who published a 39-page brief on the company that also accused the mining giant of greenwashing. The case alleges that Thungela Resources’ cleanup costs could be three times the amounts currently disclosed to investors, the Telegraph reported. Anglo American will part […]

African Reserves

South Africa’s war on poachers escalates as SANParks arrests 4 more rhino poaching suspects

[ad_1] The war on rhino poaching in South Africa Image by Ian Lindsay from Pixabay The war against poachers in South Africa seems to have taken a turn in the right direction… with successful convictions in May, as well as several arrests. Last week alone, South African National Parks (SANParks) arrested four other poaching suspects. […]

African Reserves Loans

South Africa’s rebuilt economy must be better and blacker

[ad_1] President Cyril Ramaphosa told the Black Management Forum that South Africa must rebuild its economy centered on black businesses. Ramaphosa said South Africa must emerge from the pandemic with an economy that creates more jobs and provides more opportunities for new entrants. He said funding agencies need to boldly support black businesses right now. […]

African Reserves

Load shedding suspended to accommodate parliament – but could cost R20million SA

[ad_1] (Getty Images) Eskom suspended the load shedding from 12:00 pm to 5:00 pm Friday to allow “Parliament to pass a series of supply bills”. This “exception” was granted to South Africa during the memorial service of Zulu King Goodwill Zwelithini in March. Load shedding can be avoided through the use of a diesel powered […]

African Reserves

professional consulting services for engineering projects |

[ad_1] Image: Stock The Municipality of Breede Valley is issuing a call for tenders for professional consulting services for various engineering projects for the period ending June 30, 2024. Deadline: 11:00 a.m. on Friday June 25, 2021 Only registered, experienced and qualified consulting engineers / consulting engineering firms who meet the eligibility criteria set out […]

African Reserves

Industry size, corporate developments and transactions, and statistics, including sales, pricing and trade statistics

[ad_1] DUBLIN, June 2, 2021 / PRNewswire / – “The South African Petroleum Industry 2021″ report has been added to ResearchAndMarkets.com offer. This report examines the manufacture of petroleum products from crude oil and natural gas in South Africa, and the wholesale and retail trade in these products. Information on the manufacture of lubricating oils […]

African Reserves

Kaizer Chiefs appoints Molefi Ntseki in key role at Naturena

[ad_1] Molefi Ntseki (Gallo Images) Former coach of Bafana Bafana Molefi Ntseki joined Kaizer chefs as head of the club’s technical and youth development academy. The appointment was announced by the Chiefs on Monday afternoon in a media statement with Chairman Kaizer Motaung saying that Ntseki’s appointment “comes at the right time” for the club. […]

African Reserves

Researchers at the Finance and Tax Commission

[ad_1] FINANCIAL AND TAX COMMISSION Researchers x2 Ref: 004/2021 Location: Cape Town or Gauteng office The objective of these permanent positions is to conduct research, provide analytical and interpretative support to research projects and recommendations from the Macroeconomics, Public Finances and Local Communities Unit of the FFC. The researcher will also develop practical policy recommendations […]

African Reserves

Adopting cryptocurrency to protect South Africa’s endangered animals

[ad_1] In South Africa, the government and private conservation entities have grappled with the unprecedented rate of animal poaching, which has led to the classification of some of them as endangered species. Of the approximately 29,000 rhinos in the world, 80% are found in South Africa, making it a key country in rhino conservation efforts. […]

African Reserves Loans

March has been an important month for sellers of newly built homes; American Express Customers Are Not Spending As Much |

[ad_1] New home sales jumped in March WASHINGTON – New home sales jumped 20.7% in March, rebounding from the previous month when severe winter storms wreaked havoc in many parts of the country. Sales climbed at a seasonally adjusted annual rate of 1.02 million last month after falling 16.2% in February, the Commerce Department reported […]

African Reserves

Empress closes and finances the royalty on the Manica gold project

[ad_1] Empress Royalty Corp. (TSXV: EMPR) (OTCQB: EMPYF) (“Empress” or the “Company”) is pleased to announce that it has closed and funded the previously declared 2.25% royalty (the “Royalty”) on the production Manica hard rock gold project in Mozambique (“Manica” or the “Project”) operated by Mutapa Mining & Processing LDA (“MMP “The Manica Royalty Gold […]

Fund

Employers “angry, frustrated, horrified” by the Ters process

[ad_1] Employers have made efforts to submit claims under the Unemployment Insurance Fund (UIF) in a format and manner consistent with the constantly evolving guidelines issued by the Department of Employment and Labor. Read: Speaking to Moneyweb before the end of the month, many companies expressed complete frustration with the bureaucracy, lack of certainty, lack […]