VENTURES AFRICA – Miners at JSE-listed Anglo American Platinum mine demanded an audience on Friday with President Jacob Zuma to solve the mine labour dispute, saying, otherwise the economy will “come to a stand still.” Joseph Mathunjwa, head of the Association of Mineworkers and Construction Union (AMCU), accused the ruling African National Congress (ANC) party [...]

VENTURES AFRICA – In a rush to seize multi-billion kenyan shillings mining deals, TransCentury, on Friday said it has capitalised civil engineering firm, Civicon Group, with Sh1 billion ($12 million). Nairobi-listed investment holding company disclosed this information in its latest annual report. It said Civicon will spend the money to acquire heavy duty equipment for [...]

VENTURES AFRICA – Nairobi-listed auto dealer, CMC Holdings, on Friday said it had again postponed its annual shareholder meeting meant to hold next Friday, citing the continuing troubles the company is facing. The auto firm last held its annual general meeting a little more than two years ago as shareholder disputes dragged on, leading to [...]

VENTURES AFRICA – The Sheraton Hotel is doing another good day of business on a Monday morning. The hotel, run by Sheik Mohammed Ali Al-Amoud, is Ethiopia’s most recognized hotel. It fills with business travelers from London and diplomats from all over Africa. It also offers similar services and accommodations expected from any major hotel [...]