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Hyprop notes early signs of stronger consumer spending in many of its malls

By: Simone Liedtke     9th June 2021 Retail-focused real estate investment trust Hyprop has made positive progress on its key strategic priorities in the first four months of this year, including having taken steps to strengthen its balance sheet. Hyprop, which has properties in South Africa, sub-Saharan Africa and Southern-Eastern... 

Ghana's mining sector shrank and gold production fell in 2020, industry body says

By: Reuters     4th June 2021 Ghana's gold production fell 12% in 2020 to 4.02 million ounces, from 4.57 million ounces in 2019, the country's Chamber of Mines said on Friday, but retained its position as Africa's top gold producer despite the impact of the coronavirus pandemic. The decline in production was the country's... 

Growth in cashless payments reshaping payments infrastructure - PwC

By: Schalk Burger     1st June 2021 Payments are increasingly becoming cashless and, as digital money draws stronger interest, the financial services industry must recognise the entire infrastructure of payments is being reshaped, with new business models emerging, advisory multinational PwC says. Given the key role digitisation... 

Institutions partner to expand diagnostic capacity in Africa

By: Tasneem Bulbulia     31st May 2021 To strengthen diagnostic capacity and the health response to Covid-19 in Africa, global development institution IFC, private sector financer Proparco and pathology services company Cerba Lancet Africa have announced a partnership to increase patient access to a range of laboratory tests. The... 

AngoGold halts mining at Obuasi until incident investigation concludes

By: Marleny Arnoldi     26th May 2021 JSE-listed AngloGold Ashanti has advised that underground mining activity remains suspended at the Obuasi gold mine, in Ghana, following a fall-of-ground incident on May 18. The company on May 26 confirmed that mine rescue teams continue to search for a missing miner who was drawn down into... 

Gold Fields going greener and cleaner across broad front 

By: Martin Creamer     7th May 2021 Gold mining company Gold Fields, which this week announced the board’s green light for a 40 MW solar photovoltaic plant at the South Deep mine, near Carletonville, intends taking short- medium- and long-term steps to lower emissions in underground mining in general and at South Deep in... 

Solar Power Helping Eradicate High Youth Unemployment in West Africa

7th May 2021 GREEN Solar Academy and Valentin Software have joined forces with Takoradi Technical University in Ghana and KYA-Energy Institute in Togo, with financial backing from Germany’s develoPPP.de fund, to implement expert training and job placement opportunities for future PV engineers. BTech graduates... 

On-The-Air (07/05/2021) 

By: Martin Creamer     7th May 2021 Gold Fields is spending R660-million on solar power at the big South Deep gold mine in Gauteng; Strict new global rules now apply to mine dumps in a bid to ensure that they don’t kill any more people; and South African and Ghanaian business locked armed this week in a welcome automotive deal. 

Gold Fields ramping up climate change mitigation measures 

By: Donna Slater     30th April 2021 Gold miner Gold Fields derived 5% of its group electricity from renewable sources in 2020. It plans to further ramp this up in the coming years, its 2020 Climate Change Report shows. At its Agnew operation, in Australia, the miner derived 57% of its electricity from renewable sources, mostly... 

EIB steps up funding in Africa

By: Tasneem Bulbulia     23rd April 2021 Finance institution the European Investment Bank (EIB) says it provided €5-billion for new private and public investment across Africa during 2020. This represented the largest yearly EIB engagement in 55 years of operations on the continent and the largest support for climate action and... 

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