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Marubeni Corp. agreed to acquire South African automotive retail and services provider TiAuto Investments, marking the Japanese trading giant’s first foray into Africa’s automotive maintenance sector. The Tokyo-based company is expanding its global aftermarket footprint by taking over a business that operates 161 stores across South Africa, Botswana, Namibia, Zimbabwe, …

The Minerals Regulation Commission (MRC) Mining and Non-Mining Rights Licensing Committee has begun sittings to review applications for various mining and non-mining rights submitted to the Commission. Established under the Minerals Regulation Commission Act No. 14 of 2024, the Committee represents an important institutional mechanism for ensuring that the administration …

The International Monetary Fund warned that Zambia’s hard-won macroeconomic stability is facing renewed risk from a surge in pre-election spending and costly energy distortions, even as the southern African nation successfully consolidates its massive debt restructuring. Following a two-week mission to Lusaka led by Edward Gemayel, the Washington-based lender signaled …

Shuka Minerals Ltd. completed its fifth drill hole at the Kabwe Zinc Mine in Zambia, intercepting high-grade mineralization at depth even as complex underground conditions caused drilling deviations. The London- and Johannesburg-listed explorer reported a 100% hit rate for its Phase 1 drilling program at the site’s No. 2 ore …

…Mwanawasa coopted into the board Strategic advisory and advocacy organization, Critical Minerals Africa Group (CMAG) has appointment of three leaders to its Advisory Board: Ambassador (ret.) Reuben E. Brigety II, President of Busara Advisors; Chipokota Mwanawasa, Policy Advisor to the President of Zambia and Deputy Head of the Presidential Delivery …