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TerraCom takes major stake in Universal Coal

PERTH– ASX-listed TerraCom has taken a 19.9% stake in South Africa-focused coal miner Universal Coal, in a deal worth A$34.6-million. TerraCom on Wednesday said that it...

Madagascar mining chamber criticises plan to raise minerals taxes

ANTANANARIVO - Madagascar’s mining chamber on Monday sharply criticised a draft mining law that proposes greater government revenue from mining activities, saying the changes...

Zimbabwe Currency Crisis Demands Decisive Action

Harare- THE year 2018 saw President Emmerson Mnangagwa leading the country in the mantra “Zimbabwe is Open for Business”, an imperceptible and definite acknowledgement...

Indonesian’s Blibli to Launch IPO Next Month

Indonesian e-commerce platform Blibli will launch its initial public offering (IPO) next month to get 8.17 trillion rupiahs (about 528 million U.S. dollars) to...

Stanbic Bank Zimbabwe launches China export guide for local business

Stanbic Bank Zimbabwe on Friday launched an export guide for Zimbabwean exporters and business entities seeking to understand and penetrate the Chinese market. The export...