Foreign

South Africa’s Public Investment Corporation (PIC), Ecobank’s largest shareholder, has demanded the resignation of Thierry Tanoh, the CEO of pan-African lender. PIC, which has a 18.95 percent stake, made this...

JSE-listed miner, African Rainbow Minerals (ARM), posted a profit explosion in the six months ended December last year on the back of outstanding performance from some of its core units,...

Egyptian-based multinational Orascom Construction Industries has been cleared of tax fraud allegations following an announcement by its Dutch parent company, OCI NV that it had been “fully exonerated” by a...

The militant Association of Mineworkers and Construction Union (AMCU) has accused South Africa’s three platinum producers, Implats, Amplats and Lonmin of double standards, saying they paid CEOs salaries that are...