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...State entity Public Investment Corporation is a major shareholder in Anglo....
...But David Masondo, South Africa’s deputy finance minister and chair of the Public Investment Corporation, which owns 8.4 per cent of Anglo, said the state-owned entity had yet to take a position based on...
...“The sad truth is that it’s us ordinary South Africans who are suffering....
...Meanwhile, David Masondo, deputy finance minister and chair of the state-owned Public Investment Corporation that is Anglo’s second-biggest shareholder, said in an interview on Thursday that the decision...
...Anglo, whose largest investor is South African state entity Public Investment Corporation, on Friday rejected BHP’s offer as “highly unattractive”. BHP has until May 22 to submit a formal bid....
...“We still have high exposure to the oil sector, oil production and the oil price . . ....
...A high-profile accounting scandal in 2018 at commodities business Noble Group’s Singapore entity brought the business to the brink of collapse, while Japan’s biggest trading house Mitsubishi Corporation...
...Despite interest from Azerbaijan’s national oil company and the state-owned China Machinery Engineering Corporation, Gazprombank was the only one of 20 bidders to qualify, South Africa’s amaBhungane investigative...
...SPDC controls 30 per cent of the so-called SPDC joint venture in partnership with the state-owned Nigerian National Petroleum Corporation, which controls 55 per cent....
...Exxon is claiming a right of first refusal on the assets in Guyana under a joint operating agreement with Hess and the China National Offshore Oil Corporation, which owns 25 per cent of the Stabroek Block...
...The next four crude cargoes will be supplied by the state-owned oil company the Nigerian National Petroleum Corporation (NNPC) in “two to three weeks” and ExxonMobil will supply the last of the initial six...
...He must end the rampant theft of oil in which state officials are implicated....
...Hoefelmann previously served as global head of infrastructure operations at Nikola Corporation and has worked in executive positions at Air Liquide....
...When contacted by the Financial Times on Monday, South African state-owned entity Public Investment Corporation, which is Anglo’s second-biggest shareholder, reiterated that mining was a “critical part of...
...Nigeria has charged Binance and two of its executives with tax evasion, including one that escaped custody, escalating the legal stand-off between the African nation and the world’s largest cryptocurrency...
...Smart read On a visit to Morocco, Susannah Savage digs into whether new practices and technology could transform African agriculture — and the continent’s whole economy....
...Plus, hedge fund manager Sir Paul Marshall has lost a legal battle with the South African government over shipwrecked treasure....
...BUY: Pan African Resources (PAF) South African gold miner has reported a 46 per cent uptick in interim earnings, writes Alex Hamer....
...Nineteen candidates are campaigning to replace Sall, in office since 2012, but only a handful stand a realistic chance of winning power in the west African country of 17mn people....
...Yet the latter is beginning to eat the former’s lunch in a manner that could have far-reaching economic and political repercussions for the tiny central African country....
...If it becomes fully operational, the refinery could process half of Nigeria’s daily oil output....
...BHP in 2001 merged with South African miner Billiton and a South African state-owned entity, Public Investment Corporation, is Anglo’s biggest shareholder....
...Anglo shareholders would also receive shares in two South African units that would be spun off. BHP said its offer valued each Anglo share at £25.08....
...The company’s largest investor is state entity Public Investment Corporation....
...Shell, TotalEnergies and Portugal’s Galp have made a series of discoveries of oil (and some gas) off the coast of the south-west African country in the past two years....
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