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Africa: Copper could cure Murray & Roberts cold after De Beers diamond cough

Lindsey Schutters, Bizcommunity.com Image used for illustrative purposes. October 07, 2019, Roscoe, Illinois. Photo by Scott Olson/Getty ImagesGetty Images/Getty Images Industry giant De Beers’ recent announcement of a production decrease of 25% in Q3 2024 has sent ripples throughout the mining industry, with major contractor Murray & Roberts (M&R) feeling the impact. The diamond miner’s decision…

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Kenya turns to the UAE for railway funds after China cut financing

Duncan Miriri and Rachna Uppal, Reuters News NAIROBI/ABU DHABI – Kenya has started discussions with the United Arab Emirates to secure financing to complete a regional railway, President William Ruto said, after China cut infrastructure funding to the project. The railway connecting the Kenyan port of Mombasa with landlocked neighbours, as part of China’s Belt and Road…

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South Africa names experienced squad for Champions Trophy

By Reuters Cricket – ICC Cricket World Cup 2023 – Semi-Final – South Africa v Australia – Eden Gardens, Kolkata, India – November 16, 2023 South Africa’s Temba Bavuma after the match REUTERS/Andrew Boyers/File Photo Purchase Licensing Rights CAPE TOWN, Jan 13 (Reuters) – South Africa picked an experienced 15-man squad for next month’s Champions Trophy in Pakistan…

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Kenyan shilling stable vs dollar, LSEG data shows

By Reuters Kenya shilling coins and notes are pictured inside a cashier’s booth at a forex exchange bureau in Kenya’s capital Nairobi, April 20, 2016. REUTERS/Thomas Mukoya?/File Photo Purchase Licensing RightsNAIROBI, Jan 13 (Reuters) – Kenya’s shilling was stable against the U.S. dollar on Monday, data from the London Stock Exchange Group showed. At 0937 GMT, the shilling…

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Egypt rushes to catch up on solar energy as gas prices soar

By Patrick Werr [1/4]Electric solar panels siton a roof of Al-Basaysa village in Sharqiya, Egypt, July 22, 2024. REUTERS/Mohamed Abd El Ghany/File Photo Purchase Licensing Rights LNG imports likely to cost billions of dollars in 2025 New projects to feed into grid coming onstream in early 2026 Law allowing private solar providers passed in March CAIRO, Jan 13…

Nolo Phiri launches ‘Leading Ladies’, to empower South Africa’s women in entertainment

Staff Writer, Bizcommunity.com Leading Ladies will feature insightful discussions with prominent women in South African television Nolo Phiri, an influential figure in South African entertainment and a trailblazer in empowering young creatives, is set to launch a groundbreaking project: Leading Ladies, a 10-part roundtable series in celebration of South African female industry leaders.“This new project represents…