Features | - Part 143

South Africa Union Seeks 12,500 Rand Minimum for Gold Miners

JOHANNESBURG (Capital Markets in Africa) – South Africa’s Association of Mineworkers and Construction Union plans to demand a 12,500 rand ($950) monthly minimum wage from some of the country’s top gold producers in upcoming negotiations. The labor group decided on its demands on Sunday at a mass meeting near Carletonville, about 90 kilometers (56 miles) west of Johannesburg. It is the second-largest union at producers including AngloGold Ashanti Ltd., Sibanye Gold Ltd. and Harmony Gold Mining Co. Ltd., according…

THE KEYS TO RETAIL SUCCESS AT MOZAMREAL 2018

Posted on by The Editorial Team

8 June, Maputo, Mozambique. The development of sustainable, diverse and high performing retail assets continues to be a major challenge for Mozambique’s developing property market said the host of the bilingual one-day MozamReal Property Forum, Kfir Rusin. “The retail sector has seen considerable investment and is more competitive than ever before, and our retail panel will dive deep into the market. This year, two noted panellists including renowned Africa expert and founder of Sagaci Research…

Zimbabwe’s Opposition Alliance Says It Will Scrap Bond Notes

Posted on by The Editorial Team

HARARE (Capital Markets in Africa) – Zimbabwe’s main opposition pledged to scrap bond notes and compensate former white farmers who lost their land if it’s elected to rule at the next of next month. The Movement for Democratic Change alliance will immediately scrap the controversial bond notes, with a longer-term goal of joining the rand monetary union and the Southern African Customs Union, Tendai Biti, a spokesman for group, said at the launch of its election…

Mali Opposition Vows More Protests After Clashing With Police

Posted on by The Editorial Team

BAMAKO (Capital Markets in Africa) – Mali’s main opposition alliance said it will continue with protests to demand peaceful and transparent elections next month after police fired teargas to disperse a rally this weekend in the capital, Bamako. At least 16 people including protesters and security staff were hurt on Saturday as opposition supporters rallied at the office of the Alliance for Democracy and Progress coalition. They were demanding better coverage of their campaigning on state…

BILLIONS READY FOR INVESTMENT SAYS TOP ECONOMIST

Posted on by The Editorial Team

June 4, 2018, Harare. Hosted by Africa’s premier investment and real estate development conference producer, API Events, the ZimReal Property Investment Forum on the 13th of June is a keenly anticipated event for the local industry and regional investors said host Kfir Rusin. “We’ve received a lot of interest both from local stakeholders from both the private and public-sector, which is headlined by the Hon. July Moyo, Minister, Ministry of Local Government Public Works and…

Moroccan Potash Hopeful Wins London. Now It Has to Build Mine

Posted on by The Editorial Team

CASABLANCA (Capital Markets in Africa) – Potash developer Emmerson Plc staged a strong return on the London Stock Exchange — its shares surging 62 percent on the first day of being re-admitted as the miner set its sights on a deal with Moroccan fertilizer giant Office Cherifien des Phosphates. The Isle of Man-based Emmerson, which is building the Khemisset potash mine in northern Morocco, was re-admitted to the LSE after raising 6 million pounds ($8…

Ivory Coast President Ouattara Says He May Seek Third Term

Posted on by The Editorial Team

ABIDJAN (Capital Markets in Africa) – Ivory Coast President Alassane Ouattara may seek re-election in 2020 after the West African nation adopted a new constitution two years ago that he said allows him to extend his two terms in power. Since assuming office in 2011 after almost a decade of political instability, Ouattara repeatedly said he would step down after completing a second term, which he won in 2015. While his ruling Rally of Houphouetists for Democracy and…

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