Mail & Guardian
Mail & Guardian
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Diversifying: The Jwaneng diamond mine is the richest diamond mine in the world and is located in south-central Botswana about 120 kilometers west of the city of Gaborone, in the Naledi river valley of the Kalahari. Photo: Peter Prokosch
AFRICA

Two giants lead Africa’s mining agenda

Botswana and Ghana have become emblematic of policies and strategies designed to strengthen the mining industry by building national participation, diversifying away from…

  • Thuso Tseetse
  • Reindolf Ofosu-Hene
6 min read
Shell’s recent announcement that it is leaving the country is likely to set off mergers and acquisitions (M&A) activity as the oil and gas company sells its refinery and service stations during the divestiture. (photo by Mike Kemp/In Pictures via Getty Images)
ANGLO AMERICAN

Explainer: Understanding mergers and acquisitions

M&A activity in South Africa experienced a sharp decline in 2023 and a rebound in 2024 is only plausible after the elections

  • Anathi Madubela
4 min read
Another corporate story that has recently made headlines is a second unsolicited bid from Australian mining giant BHP for the operations of South African industry peer Anglo American.(Chris Ratcliffe/Bloomberg via Getty Images)
ANGLO AMERICAN

Anglo American rejects ‘unattractive’ BHP bid

The company’s chairman, Stuart Chambers, described the proposal as ‘opportunistic’

  • Sarah Smit
1 min read
Australian multinational mining company BHP has confirmed that it made a buyout proposal to Anglo American. (Chris Ratcliffe/Bloomberg via Getty Images)
BHP

BHP makes takeover bid for Anglo American

The proposal entails Anglo significantly lowering its exposure to South Africa by demerging its holdings in beleaguered Anglo American Platinum and Kumba Iron Ore This content is…

  • Anathi Madubela
1 min read