• African Bank swings into a loss amid reduced credit activity

    African Bank swings into a loss amid reduced credit activity0

    African Bank has published it financial results for the year ended September 2020, reporting a net loss of R27 million, against a R1.2 billion profit previously, citing higher credit impairments and reduced insurance income. African Bank reported a second half improvement in earnings of R84 million for April to September, as lower risk emerged and

    READ MORE
  • RCF, Beedie Capital to invest in Orezone’s African gold project

    RCF, Beedie Capital to invest in Orezone’s African gold project0

    Vancouver, British Columbia-based mining company Orezone Gold Corp has secured commitments of more than US$182 million to finance the construction of its Bomboré Gold Project in Africa. To read this article, you need to sign in. You should only be asked to sign in once. Not the case? Click here New to PE Hub? Register

    READ MORE
  • South African Covid-19 Mutant Strain Raises Growing Alarm in the U.K.

    South African Covid-19 Mutant Strain Raises Growing Alarm in the U.K.0

    Medical staff work inside a mobile testing unit in Ekurhuleni. Photographer: Luca Sola/AFP/Getty Images Photographer: Luca Sola/AFP/Getty Images The new coronavirus strain that emerged in South Africa is even more problematic than a mutated form that prompted new lockdowns across much of the U.K., health authorities said on Monday. “I’m incredibly worried about the South African

    READ MORE
  • COVID vaccines “might not” work as well on South African strain, scientists warn

    COVID vaccines “might not” work as well on South African strain, scientists warn0

    Johannesburg, South Africa — The new coronavirus variant identified in South Africa poses even more of a risk than the strain discovered several weeks ago in England, Britain’s top health official warned on Monday. His alarm came as scientists warned that the new strain sweeping through South African coastal communities could be resistant to the

    READ MORE
  • Central African Republic rebels seize Bangassou, says UN0

    Bangassou, pictured the month before it was seized, is on the border with DR Congo Rebel forces have seized a south-eastern city in the Central African Republic, an official from the country’s United Nations mission says. The rebels staged a dawn raid and were now everywhere in Bangassou, the official said, adding that fighting is

    READ MORE
  • South African game reserves forced to cull animals as Covid halts tourism | World0

    Impala run through the thorn bush, ibis fly above the lake and lightning forks over the horizon as a storm rolls in from the Drakensberg mountains. The visitors driven across the 10,000 or more hectares of the Nambiti game reserve in South Africa’s KwaZulu-Natal province see what they think is an unchanged, and unchanging natural

    READ MORE