RIO TINTO EYES ARCADIUM LITHIUM TAKEOVER in Major Mining Move

Rio Tinto has officially confirmed its approach to Arcadium Lithium regarding a potential acquisition of the company. This announcement follows recent market speculation about the takeover. In a statement, the world’s second-largest mining firm stated that “The approach is non-binding and there is no certainty that any transaction will be agreed to or will proceed”. However, Arcadium,…

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END FUEL SUBSIDIES: Dangote Urges Nigeria

Nigerian tycoon Aliko Dangote, president and Chief Executive of Dangote Group, has urged the Nigerian government to completely remove fuel subsidies, arguing that this will help determine the country’s actual fuel consumption and ease the burden on the economy. Speaking on Bloomberg Television in New York, Dangote stressed that subsidies have cost Nigeria trillions of…

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Seizing the Moment: Gwede’s Second Wind

At the inaugural African Critical Minerals Summit held in Sandton exactly  a year ago on September 8th,  South Africa’s Minerals Minister Gwede Mantashe candidly acknowledged that the country lacks a coherent policy approach for Critical Minerals (CRMs). As delegates listened intently, it became clear that this absence of a defined CRM strategy is more than…

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TotalEnergies returns for exploration off SA’s west coast

TotalEnergies is planning to explore for oil offshore South Africa’s West Coast, where environmental groups have increasingly opposed such activity. The French explorer proposes to drill one well, which could result in an additional nine wells depending on the success of the first, SLR Consulting, which is doing the environmental assessment, said on its website….

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Walmart’s Vote of Confidence in South Africa is a big positive for ESG investment standards.

There’s a saying in Africa that “ndila i vhudziswa vha re phanḓa”, loosely translated to mean to knowthe route to a destination, you ask from those who are ahead.The phrase came to mind during a recent casual discussion with a European corporate strategist whohad flown to South Africa to collect data on the strategies currently…

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Global consulting firm boosts Sustainability capability with acquisition

Accenture has acquired Carbon Intelligence, a leading carbon and climate change strategyconsultancy, adding more than 160 professionals to its rapidly growing group of data scientists,consultants and sustainability experts. Carbon Intelligence is focused on helping global businessesunderstand their overall carbon footprints, and ways to reduce them, using Science BasedTargets Initiative (SBTi) strategies that lead to transformational rethinking of clients’ business…

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Lavish the cash

To imagine a complete, supplant of human brain capacity to AI could be a remote achievement by all stretches of the imagination. To treat brain cells would require some significant measure of investment in similar studies, that’s common medical and human approbation, of which extant is underwritten by the elaborate monies laid out.However, assuming that…

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EVs gain foothold

According to the National Association of Automobile Manufacturers of South Africa (NAAMSA), over the last year, 387,125 vehicles worth R148 billion, along with R53.7 billion worth of automotive components, were exported from South Africa to 151 countries. The international trend toward electric vehicles (EVs) is growing with NAAMSA  expecting that 40% of all European vehicle…

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