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Policy certainty key to unlocking EV investments, says WesBank
By: Irma Venter 9th December 2022 “Capital investment in the local automotive industry, which includes the vehicle and asset finance houses, requires certainty in policy frameworks so that [the industry] can make long-term predictions when getting involved in completely new projects such as the move to electric vehicles (EVs),”... →
ATEX-approved products provide safe solutions
By: Leah Shelene Asaram 2nd December 2022 To prevent the danger of combustible dust and gas explosions, and to create a safer environment, Nederman products sole distributor Envirox uses atmosphere explosible- (ATEX-) approved Nederman solutions to reduce the dangers associated with combustible dust. Combustible dust, also known as... →
Atlantic Lithium issues new COO with 4m shares
By: Donna Slater 28th November 2022 Aim-listed Africa-focussed lithium explorer and developer Atlantic Lithium reports that incoming nonboard COO Keith Muller has assumed his new role in the company. As part of his employment contract, Atlantic will issue Muller with four-million shares, half of which are at a strike price of 60p... →
Resolute receives final payment for Bibiani mine sale
By: Tasneem Bulbulia 28th November 2022 Dual-listed Resolute Mining has received the third and final tranche of $10-million from Canadian miner Asante Gold for the sale of the Bibiani gold mine, in Ghana. The two companies are in commercial discussions regarding payment of the environmental bond and interest. →
Ghana orders mining firms to sell 20% of refined gold to its central bank
By: Reuters 25th November 2022 Ghana has ordered all large-scale mining companies to sell 20% of their entire stock of refined gold at their refineries to the Bank of Ghana from Jan. 1, 2023, Vice-President Mahamudu Bawumia said on Facebook on Friday. The move is part of measures to operationalize a government plan to use gold... →
Uber expands African offering, while Uber Eats sees healthy growth in SA
By: Irma Venter 25th November 2022 Mobility platform Uber has about 20 000 drivers and delivery people earning an income through the Uber and Uber Eats apps in South Africa, which have more than 2.1-million active platform users, says newly appointed Uber sub-Saharan Africa GM Kagiso Khaole. Uber, and Uber Eats, which focuses on... →
Assore now holds just over 25% of Atlantic Lithium
By: Simone Liedtke 22nd November 2022 Aim-listed Atlantic Lithium on November 22 welcomed further investment by Assore International Holdings, which now has voting rights of 25.06% of the Africa-focussed lithium explorer and developer. Atlantic Lithium executive chairperson Neil Herbert welcomed the investment and said Assore was... →
MTN to roll out digital skills development initiative in four countries on the continent this year
By: Natasha Odendaal 18th November 2022 MTN has launched the MTN Skills Academy to develop people across the continent as producers, consumers and innovators of digital technologies. The ‘Digital Skills for Digital Jobs’ programme aims to enhance the link between digital skills training and demand for jobs, with the MTN Skills Academy... →
Atlantic Lithium founder posthumously honoured at London conference
By: Simone Liedtke 16th November 2022 Aim-listed lithium miner Atlantic Lithium founder and former CEO Vincent Mascolo has been posthumously shortlisted for the Mining CEO of the Year Award. Mascolo passed away unexpectedly in March this year. →
New research shows mobile finance can increase national GDP
By: Natasha Odendaal 11th November 2022 Mobile financial services are critical drivers of financial inclusion and its successful deployment and adoption can have a positive impact on gross domestic product (GDP) in developing countries. Countries with successful mobile money services had an yearly GDP per capita growth rate up to 1... →
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