Market News

Not too long ago, diamond profits and taxes were seen as the most single biggest source of Namibia's state revenue.   Now, many would tell you that the main source of revenue is actually import duty from the Southern African Customs Union (Sacu), which is only partially right. By 2014 Sacu re . . .

THE Zambia Chamber of Mines (ZCM) recommends that deduction of capital allowances for the mining industry should be reverted to 100 per cent on total capital expenditure per annum.   ZCM president Nathan Chishimba said in submissions for the 2016 National budget that most mining expansion pro . . .

With technology being dynamic and more and more organisations adopting Cloud and Big Data technologies, it is essential for any organisation that wants to be successful to have a CIO.   This has seen the role of the CIO in any organisation evolve in the recent past not only in the IT industri . . .

Gafsa — Production of the Gafsa Phosphate Company (CPG) has reached 1 million tonnes from the beginning of this year until August, including 707 thousand tonnes in the months of July and August.   Production activities in units under the CPG have resumed in the mining cities after seven . . .

Mining giant Anglo American announced on Wednesday the sale of three platinum mines in South Africa to Sibanye Gold, the country's largest gold producer.   The mines sold for 4.5 billion rand despite the plummeting platinum prices. Amplats, as Anglo American Platinum is known, actually values . . .