
Glencore, led by South Africa’s Gary Nagle, commits $329 million to cleaner fuels
The funds will go toward installing new equipment at Astron Energy’s 100,000-barrel-per-day crude oil refinery near Cape Town.
The funds will go toward installing new equipment at Astron Energy’s 100,000-barrel-per-day crude oil refinery near Cape Town.
Leeming, who has been with the company since 1999, has been instrumental in guiding Sun International through the challenges posed by the COVID-19 pandemic.
Despite the topline growth, adjusted EBITDA dropped 16 percent to $14.4 billion, weighed down by lower energy coal prices.
The €305 million ($332 million) deal was executed through Castellana Properties, Vukile’s 99.5%-owned Spanish subsidiary.
This marks a major step in Bidvest’s global expansion, strengthening its position in hygiene, facilities management, and distribution services.
Sanlam raises its dividend 11% to $522.3 million, driven by strong earnings, strategic partnerships, and solid growth in key African and Indian markets.
Anglo-American, led by South African executive Duncan Wanblad, has agreed to sell its nickel business to MMG Limited for up to $500 million.
The internal restructuring consolidates control under AAI while keeping Anglo American’s overall ownership unchanged.
His departure marks the end of a transformative chapter for the multinational mining group.
The deal, first disclosed on Nov. 10, 2021, has encountered multiple regulatory and transactional hurdles, leading to repeated extensions.
This represents a 55.47 percent increase from his 2023 remuneration, reflecting both his contributions and the group's strong financial performance.
Zikalala champions diversity and inclusivity in mining, advocating for gender equity and supporting opportunities for women in leadership roles.
Kilpin’s career, which spans over two decades, is a testament to her unwavering commitment and exceptional leadership.
The deal, announced in February, solidifies Anglo’s strategic collaboration with Vale and positions both mining giants to enhance their production capacity.
TFG is poised to expand its international portfolio with the acquisition of White Stuff, a UK-based fashion and lifestyle brand.
Transnet faces growing industry outrage over its proposed tariff hikes, with critics arguing that the company has failed to improve port efficiency despite demanding increases of up to 6.69 percent.