Sectors
South Africa
FirstRand Limited Maintains Earnings Expectations Despite Challenging Economic Environment
s previously guided, the group expects its credit loss ratio for the year to remain below its stated through-the-cycle range, given its targeted origination approach. The group's capital and liquidity
Jun 21, 2023The Rise of China's Influence in the Global Metals Market: How the Loss of Benchmark Status by the LME may impact Zimbabwe
In a major shake-up for the global metals market, the London Metal Exchange (LME) has lost its benchmark status for a part of the nickel market. According to a report by Bloomberg News, the Shanghai M
Jun 05, 2023Patchwork Power Solution Provides Fragile Respite as Hwange Unit 7 Joins National Grid
Zimbabwe’s Hwange Power Station Unit 7 has been officially integrated into the national power grid, adding 300MW of electricity generation capacity. This milestone comes after the power plant successf
May 29, 2023
Rare Earth Element Bonanza in Zambia: Prospect Resources secures Option for 51% in prospective REE project
The Kesya Project includes a large-scale exploration license where previous geological mapping and sampling has identified a large rare earth element (REE)-enriched carbonatite intrusion. Rock chip sa
May 15, 2023Lucara's Underground Challenge: Early Delays and Diamond Pricing Woes Test Expansion Vision at Karowe
According to GlobalData, Botswana is the world's second-largest producer of diamonds, with output of 24,810kct in 2022, up by 8% on 2021. Over the five years to 2021, production from Botswana decrease
May 15, 2023