South African-based company Gecko plans to invest USD 1.8bn in building three chemical acid plants and a harbour in Namibia to serve the uranium mining industry, the Business Report newspaper reported. The three proposed plants for sulphuric acid, soda ash and phosphoric acid will be located in the central coastal area near Swakopmund, Gecko's managing director for Namibia, Philip Ellis, was quoted as saying. Once the plants are operational, 2,470 people will be permanently employed, the newspaper said. |
South African company Exxaro Resources said one of the options it currently considers is dismissing striking coal mine workers who fail to return to work in the week of March 25, fin24 reported ... more
South Africas telecommunication operator Telkom said that it has not made a decision on retrenching 13,000 employees, or more than half of its staff, TechCentral reported quoting a company ... more
Oryx Energies, a major independent provider of oil and gas products and services in Africa, has agreed to buy the South African liquefied petroleum gas (LPG) distribution businesses of BP and ... more