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Public Investment Corporation further reduces its shares from PPC

PUBLIC Investment Corporation (PIC), the biggest fund manager on the continent, has reduced its shareholding in Pretoria Portland Cement Company (PPC), South Africa’s largest...

China, Malawi Reaffirms Commitment to Cooperation

The Chinese and Malawian governments have reaffirmed their commitment to strengthening their bilateral relations for the mutual benefit of the two countries. Chinese Ambassador to...

Glencore to shut Australian copper mines in 2025

Swiss commodity trader Glencore has plans to close its underground copper mines in Mount Isa, Queensland, Australia, in 2025, after 60 years of mining operations. The decision to...

Europe Faces Surge in Antibiotic-Resistant Klebsiella Pneumonia

The European Centre for Disease Prevention and Control (ECDC) issued a warning on Wednesday regarding a surge in infections caused by a strain of...

DRC Suspends Bilateral Trade Agreements with Rwanda

The Democratic Republic of Congo is suspending all agreements with Rwanda, which it accuses of supporting the M23 rebels, even though Kigali denies the...