Glencore faces $1.4bn lawsuit threat amid $9bn Congo mineral deal
Glencore is managing a $1.4 billion legal threat from a Singaporean trader while negotiating a $9 billion strategic deal for copper and cobalt assets in the DRC.
Day: August 29, 2026
VFD Group launches N20 billion commercial paper to boost working capital
VFD Group Plc has launched a N20 billion commercial paper issuance to support its short-term working capital and funding requirements before the offer closes on 4 September.
South Africa tourist arrivals hit one million as Asian markets slump
South Africa welcomed nearly one million international tourists in July, but sharp declines in arrivals from India and China signal growing challenges in key strategic Asian markets.
EU challenges Sappi’s €1.42bn plan to merge with UPM
EU formally challenges Sappi’s €1.42bn plan to merge with UPM, aiming to create Europe’s largest paper producer.
Moolman family sells nine South African shopping malls for $124 million
Moolman family offloads nine South African shopping malls for R2 billion, keeping 1.2 million sq m of commercial property.