Tag: Cape Town
US focused on developing Africa’s mining sector amid industrialization and infrastructure challenges
The Trump administration has expressed a strong interest in developing Africa’s mining sector, particularly in minerals vital for clean energy technologies. On the first day ... Read More
Africa’s top mining conference focuses on financing challenges, effects of Trump tariffs on the industry
The four-day 'Investing in African Mining Indaba' that officially kicked off in Cape Town, South Africa, on Monday (3 January) features presentations from mining experts, ... Read More
Violent storm destroys 1000 homes in Cape Town
South Africa’s largest city, Cape Town, was hit by a violent storm on Monday that destroyed nearly 1000 homes, local media reported. Gale-force winds displaced ... Read More
Casablanca Finance City maintains its position among Africa’s top financial centers
Casablanca Finance City (CFC) has maintained its position as the leading African financial center in the half-yearly rankings of the 34th edition of the Global ... Read More
South Africa probing US allegation of Pretoria’s secret arms sales to Russia
United States’ accusations leveled against South Africa that it had been secretly selling weapons to Russia has sent the African country’s currency tumbling to record ... Read More
Wealth Report 2023 confirms that ’Africa is not poor but impoverished’
Not all Africans are poor — this could arguably be the main message from the 2023 edition of the annual Africa Wealth Report by London-based ... Read More
South Africa’s deputy president to step down – Ramaphosa
South Africa's deputy president, David Mabuza, is to step down, President Cyril Ramaphosa announced on Thursday as he prepares to shake up his cabinet. The ... Read More
Burkina Faso denies paying Russian mercenaries with gold mine rights granted to Nordgold
Burkina Faso has denied claims that it awarded a mining permit to Nordgold just because it is a Russian company, its mines minister told the ... Read More
Cape Town to buy electricity directly from IPPs
The City of Cape Town is fighting for its right to purchase cleaner energy directly from independent power producers (IPPs). The City of Cape Town ... Read More
Israel-South Africa: Tel Aviv infuriated by Zouma’s meeting with Hamas leader
Israel lambasted South Africa and summoned the South African Ambassador to Tel Aviv for explanation after President Zouma received on Sunday Hamas exiled leader Khaled ... Read More