PGM miner Sibanye Stillwater, a leading precious metals mining company, announced on Monday that it expects to report a half-year loss due to a significant writedown on its US assets. The company attributed the loss to the declining price of palladium, a key metal used in vehicle exhaust systems to reduce emissions. The writedown, valued…
INDONESIA will seek to sign US$3.5 billion of trade and investment agreements with Africa as global trade battles spur a hunt for new markets outside Asia, according to a senior diplomat. The deals will be announced at the ongoing Indonesia-Africa Forum, which will be held until Tuesday (Sep 3) in Bali, Vice Foreign Affairs Minister…
South African President Cyril Ramaphosa’s state visit to China is expected to open and strengthen economic ties and attract investment to the country. During his visit, Ramaphosa will on Tuesday travel to Shenzhen, a major economic and technology hub in Guangdong Province, where he will engage with industry leaders and tour the headquarters of leading…
