Africa Business In The News

Zwane signs MoU on mineral and upstream petroleum development with CAR

JOHANNESBURG, August 3 – Mineral resources minister Mosebenzi Zwane has signed a Memorandum of Understanding (MoU) with his Central African Republic (CAR) counterpart, Leopold Mboli-Fatrane, which commits the two countries to a cooperation agreement on mineral and upstream petroleum development. The MoU was signed on Wednesday based on the friendship and common interests between South Africa and CAR as Zwane was hosted […]

Business In The News South Africa

Chamber of Mines shocked by Zwane’s alleged moratorium on mining right applications

JOHANNESBURG, August 3 – The Chamber of Mines said on Thursday that the Department of Mineral Resources has instructed all its offices to halt the processing of new mining right or prospecting right applications despite a pending court case and a public consultation process. “It has come to the attention of the Chamber of Mines that […]

Africa Business In The News

Brics industry ministers adopt action plan to deepen industrial co-operation

HANGZHOU, July 30 – The second meeting of Brics (Brazil, Russia, India, China, South Africa) industry ministers held in Hangzhou in China has adopted a seven-point “action plan” on deepening industrial co-operation among Brics countries, the trade and industry department (dti) said on Sunday. The action plan stated that the world economy was still in […]

Business In The News South Africa

Minister Davies arrives in China for BRICS Trade and Industry meetings

CAPE TOWN, July 28 – South African Trade and Industry Minister, Dr Rob Davies, has arrived in China for the BRICS Industry Ministers Meeting and Trade Ministers Meeting. The Department of Trade and Industry (dti) said on Friday that the two meetings would be preceded by officials’ meetings from the BRICS countries, namely Brazil, Russia, India, China […]