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Shanduka Resources
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STEEL & MANUFACTURING
Attention turns to Scaw’s capital constraints following R3.4bn IDC takeover
South Africa’s State-owned Industrial Development Corporation (IDC) says it is aware of the capital constraints that continue to hinder Scaw Metals from realising its growth ambitions and that are constraining it from playing a more meaningful...
By: Terence Creamer
26 Nov 12
CORPORATE ACTIVITY
New Scaw owners home in on African mining, infrastructure prospects
Resources group Anglo American reported on Monday that it had completed the R3.4-billion sale of South African steel group Scaw to a consortium led by the State-owned Industrial Development Corporation (IDC).
The consortium also includes black...
By: Terence Creamer
26 Nov 12
LEGISLATIVE ENVIRONMENT
Lonmin killings symbolise crisis – ANC NEC member
The killings at the Marikana mine of Lonmin Platinum symbolise that South Africa may be reaching points of crisis that need to be nipped in the bud, says African National Congress National Executive Committee member Joel Netshitenzhe. Last...
By: Martin Creamer
20 Aug 12
SPECIAL OFFER
$200m Beira export terminal opens, Shanduka concludes Glencore coal deal and other news in the Coal Roundup
The June edition of the Coal Roundup covers activities in the coal sector across the globe. Some of the stories in this electronic report include details of International farm-in and joint venture agreement with Queensland Coal Investments; the...
By: Research Author
18 Jul 12
DIVERSIFIED MINERS
Anglo American sells Scaw to IDC-led group in R3.4bn deal
Diversified miner Anglo American on Tuesday announced the final stage of the $1.4-billion Scaw Metals Group divestment with the sale of integrated steelmaker Scaw South Africa to an investment consortium led by South Africa’s State-owned...
By: Martin Creamer
24 Apr 12
PAPER AND PACKAGING
Mondi’s unbundled packaging unit Mpact to list in July
Paper and packaging group Mondi remained confident that the company would maintain an acceptable broad-based black economic empowerment (BBBEE) rating following the demerger and the separate listing of Mondi Packaging South Africa (MPSA) as Mpact...31 May 11
Video of the Week
Daily podcast - March 13, 2008
In today's podcast: business confidence levels in South Africa hit a seven-year low, JSE-listed Assore plans to sell an 11,63% stake to Shanduka Resources for about R1,9-billion, a South African state lawyer accuses Jacob Zuma of trying to...
13 Mar 08
PAPER & EMPOWERMENT
Dual-listed Mondi believes its empowerment initiatives are in line with new forestry scorecard
Paper and packaging group Mondi, which recently dual-listed on the London Stock Exchange and the JSE, says that it is in line with the objectives of the new Forestry broad-based black economic-empowerment (BBBEE) Charter.13 Jul 07
Metals
Scaw BEE deal incorporates some R200m in expansionary capital
The funding structure for the recently-announced Scaw Metals black economic-empowerment (BEE) deal has incorporated headroom worth some R200-million that may be deployed in some immediate organic-growth projects within the newly-created Scaw South...By: Terence Creamer
16 Mar 07
Breaking News
Scaw steals an empowerment march on the rest of the steel sector
Anglo American's steel and alloy-iron products manufacturer, Scaw Metals, announced a black economic empowerment (BEE) deal on Thursday that would see a consortium, which included Cyril Ramaphosa's Shanduka Resources, and employees buying a 26%...By: Terence Creamer
01 Mar 07
Corporate Profiles
Black-empowered group lives up to its name
Black-empowered Shanduka Group, founded by
poli-tician-turned-businessman Cyril Ramaphosa, has madesignificant
progress in acquiringdiverse investments, both inside and beyond
South Africa’s borders. Shanduka, a black-owned and-managed...
By: Nomzamo Dladla
01 Dec 06
Corporate Profiles
Mineral projects firm seeks to capitalise on BEE potential
May this year saw the consummation of a black economic-empowerment (BEE) deal in which Shanduka Resources, a subsidiary of the Shanduka group, acquired a 25% share in Dowding Reynard & Associates (DRA) and Minerals Operations Executive (Minopex). |
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Topic Multimedia
Mercedes-Benz SA starts work on R300m-plus BRT contract
African countries must learn infrastructure lessons from each other
Second Take: SA radio astronomy developments
Real Economy Report
Data to make up 30% of Vodacom’s revenue in 3 years
Vodacom earnings up, international operations shine
Second Take: Boeing 787 Dreamliner battery crisis
Real Economy Report
Licensing Bill will give officials too much power – FMF
Mercedes-Benz SA starts work on R300m-plus BRT... 
African countries must learn infrastructure...
Second Take: SA radio astronomy developments
Real Economy Report
Data to make up 30% of Vodacom’s revenue in 3...
Vodacom earnings up, international operations...
Second Take: Boeing 787 Dreamliner battery crisis
Real Economy Report
Licensing Bill will give officials too much...
Monetary policy focus remains on hitting inflation target – Marcus
Climate policy to map out transition to low-carbon economy
SAA plays key role in SA’s international relations
Durban COP17 meeting should focus on ‘fair’ climate regime – Molewa
Underground coal gasification has key role to play in Southern Africa
Mondi’s unbundled packaging unit makes JSE debut
Developers call for sustainable form of renewable energy procurement
Copper cable...
Eskom to complete CSP design by 2013, commission plant in 2016
Monetary policy focus remains on... 
Climate policy to map out transition...
SAA plays key role in SA’s...
Durban COP17 meeting should focus on...
Underground coal gasification has key...
Mondi’s unbundled packaging unit...
Developers call for sustainable form...
Copper cable theft declared a...
Eskom to complete CSP design by 2013,...
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