Senosi buys Mooiplaats coal mine
South African miner Matthews Senosi has received approval from the authorities to buy yet another mine in Mpumalanga, ideally located next to an Eskom power plant.
NGOs, economic intelligence firms and parliamentary committees opposed to the Turkish group's plans to operate three floating gas-fired power plants in South African waters are exploring all legal avenues to have its contract cancelled. And are kicking up a storm while they go about it.
Ever since the Marikana massacre in the platinum belt in 2012, the National Union of Mineworkers (NUM) has been losing ground to its rival, the Association of Mineworkers and Construction Union (AMCU). To secure its future, its new leadership is pushing for a rapprochement and making a conscious effort to steer clear of politics.
For the past five years, any ANC official charged with graft has been pushed to step down. But this rule faces stiff opposition from the president's foes within the party, which will hold its five-yearly national conference at the end of the year.
Jacob Zuma and the French defence firm are due back in the dock on 11 April for the resumption of their corruption trial. The former president may have been a dab hand at throwing spanners into the legal works, but he has also faced some setbacks.
The Tshwane local council has launched a spectacular campaign to recover outstanding debt from various embassies. Africa Intelligence was able to see the list of concerned countries, mostly African, who all contest having any unpaid bills.
The mining and defence specialist and heir to the dynasty that co-founded AngloVaal has been investing heavily in "technology metals" with help from the US, worried about being left behind by China. As he had done in the 1990s with British and South African army veterans, who found the first private military companies to help his activities, Menell now has a retired US admiral and a former British army officer on board.
Merafe Resources is looking to move into the platinum sector, globally dominated by South African producers. This move comes on the back of the company's joint venture with Glencore, Merafe Ferrochrome and Mining, which is the world's largest producer of ferrochrome, a mineral needed to make stainless steel.
The dispute between Matthew Stolz's RockWinds trading company and its former Ivorian partner Africa Commodities, which is claiming back €5m RockWinds invested in cocoa futures, has already been arbitrated in London but is now the subject of proceedings at a Paris court.
Denel, leading supplier to the South African armed forces, is in a critical financial situation. The company is trying to get the government to give it the funds its needs to pay its debts. Public enterprises minister Pravin Gordhan and new defence minister Thandi Modise have been given the job of trying to help the flailing state-owned company.
With the business climate increasingly unfavourable for investment in coal, African Energy Resources plans to hive off its Botswanan coal assets from its Australian parent company, which is listed on the Australian Securities Exchange. They will in future be held by a non-listed company, away from the sight of conscientious investors.
While state-owned utility Eskom waits for the Arnot mine to resume coal production to supply its power stations and provide desperately needed electricity for South Africa, a dispute between its shareholders and a former business partner could stand in the way.
The early stages of production at the Masama mine operated by South Africa's Minergy Coal are being followed closely by the government, which has given strong financial support to the new company, the first private sector operator in the Botswanese coal industry.
The violence that followed the arrest of former president Jacob Zuma has had serious repercussions for the country's mining sector. The outbursts, located in the province of KwaZulu Natal, are hampering the activity of local mines, but also that of Durban and Richards Bay port terminals.
After having long been a breeding ground for future party officials, ministers and presidents, the ANC Youth League has been a shadow of its former self since the ousting of its charismatic leader Julius Malema in 2011.
South African businessman Johann Rupert has recruited several advisers to help him distribute the funds he is providing for small companies suffering from the effects of the Covid lockdowns. One of them is Archbishop Thabo Makgoba, who also advises the Oppenheimer family on its coronavirus business support fund.
As he campaigns (though still unofficially) to become president of South Africa's ruling African National Congress (ANC) party, a position widely seen as a springboard for the top job in the land, the ANC's current secretary-general Ace Magashule has decided to take on a heavyweight adversary: