A Pretoria-based black economic empowerment company has clinched a deal which will see it acquire a controlling share- holding in one opencast and two underground coal-mines in Mpulamanga for R130-million. The transaction will give Luvhomba Mining, headed by lawyer-turned-businessperson Matthews Mulaudzi, a 51% equity stake in the...
Banking group Absa says it is well prepared to add impetus to the empowerment drive — one of South Africa’s delicate initiatives central to the successful transformation of our society and its economy. Absa is ready to take the country’s black economic empowerment (BEE) process to...
The 35th Southern African Development Community Heads of State Summit has come to an end. The gathering held in Gaborone saw Botswana taking the role of SADC Chairpersonship from Zimbabwe. Mozambique took over the Chair of the SADC Organ on Politics, Defence and Security Cooperation...
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