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Further investment in Anglo by majority shareholder of Vedanta

21st September 2017 Vedanta head Anil Agarwal has once again hit the headlines by announcing an intended further personal investment in Anglo American through Volcan Investments, which is the majority shareholder of Vedanta Resources. Volcan announced on Wednesday that it intended investing £1.25-billion to... 

ELB sees 143% increase in profitability

20th September 2017 With profit for the year ended June 30 up 143% to R82-million, from a loss of R189-million in 2016, JSE-listed engineering services provider ELB has seen a 147% increase in headline earnings a share to 243c, from a loss per share of 519c. “Despite political uncertainty, the volatile currency and... 

Medupi power station project, South Africa

28th July 2017 Eskom is focusing on maintaining momentum of construction progress on Units 4 to 1. 

Medupi power station project, South Africa

14th July 2017 Eskom signed a loan agreement with the China Development Bank, which will form part of the funding for the Medupi power plant. 
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Evidence of blatant corruption at Eskom unpacked at Parliament’s inquiry into State capture

Parliament’s Portfolio Committee on Public Enterprises has kicked off its inquiry into alleged State capture with a report revealing “overwhelming evidence of grand corruption”, governance failure and a stream of irregularities at Eskom, South Africa’s largest State-owned entity. Research... 

EU remains focused on progressive trade policies, transparency

Transparency, as well as balanced, inclusive and progressive trade policies remain top priorities for the European Union (EU) Commission as it shifts its trade approach in an ever-changing world to harness globalisation fairly. In recent years, global trade has come under immense negative... 
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