PLATINUM miner Lonmin , which is listed on the London and Johannesburg stock exchanges, would move its head office from London to Johannesburg, it said yesterday, taking the opposite direction from many dual-listed companies.

PRODUCTION reports yesterday from two of SA's biggest platinum miners for the September quarter showed management continuing to battle with labour and restructuring issues, although reports from diamond and iron-ore producers were more positive.

THE Cabinet confirmed yesterday that former deputy finance minister Jabu Moleketi is a government nominee to the board of Vodacom .

THE boardroom battle at Impala Platinum ( Implats ) has resulted in the unceremonious ousting of chairman Fred Roux, removed after a "strained, distant" relationship with CEO David Brown and the board.

MINER DRDGold recorded a net loss of R63m for the quarter ended last month as wage increases and a 32% tariff hike pushed up its operating costs, putting pressure on margins.

Shareholders have seen the current price of Union Bank of Nigeria Plc shares as a very good buy opportunity given the growth potential in the financial conglomerate.

HISTORY was made on October 16, 2009 when Hyundai Motors Nigeria Limited, (HMNL) a division of Stallion Motors handed over 78 Hyundai vehicles comprising mini buses, sedans and SUVs to support the FIFA-U17 World Cup Tournament Nigeria, 2009-LOC.

Weatherly International PLC have announced the results of an independent resource estimate for its wholly-owned Tschudi project, located 21km west of the town of Tsumeb. Limited underground production from the Tschudi deposit took place in 2008, with ore being trucked

Bidvest Namibia said this week that inclusive black economic empowerment (BEE) is the underlying driver of its strategy as it prepares to list on the Namibian Stock Exchange on Monday, 26 October.

Telecommunications giant, Etisalat, said it has spent over $2 billion on network expansion in Nigeria in the last one year.

SOVEREIGN Foods says it is seeing substantial volume increases from the expansion programme it embarked on three years ago, but is shelving further investments in the short term.

DIVERSIFIED miner Anglo American rang the changes to its management structure yesterday and said it would sell off assets in a bid to streamline operations and focus on its mining portfolio.

HEALTH and beauty retail group Clicks yesterday defied depressed consumer spending that has hit retailers and posted a strong set of year-end results that even exceeded its own expectations.

Minister of Mines and Steel Development, Mrs Diezani Allison-Madueke yesterday reaffirmed the commitment of the Federal Government on the completion of the Ajaokuta Steel Company but confessed that some of the issues militating against the completion of the gigantic project

The Central Bank of Nigeria (CBN) is set to return Dr. Mike Adenuga Jr. to the Board of the Equitorial Trust Bank (ETB), THISDAY has learnt.

SOUTH African retail group, Pick n Pay, is "anxious" to reinvest in TM Supermarkets but has been awaiting a settlement in a shareholder dispute in Kingdom Meikles Ltd (KML), John Moxon said. Moxon told South African media last week that

THE new Discovery 4 and Range Rover Sports Model year 2010 will be launched in Cape Town, South Africa this weekend. The latest models which were launched in Europe and America recently have been described as "cars of the future

THAT a settlement between Kingdom Bank founder Nigel Chanakira and his rival Kingdom Meikles Limited (KML) front man John Moxon was in the offing could be seen coming a month ago.

MONDAY'S listing of Bidvest Namibia is not only good news for local investors, but also the people of Namibia, Chief Executive Officer Sebby Kankondi said.

THE broad-based black economic empowerment (BBEE) model championed by Bidvest Namibia ahead of its listing next week on the Namibian Stock Exchange (NSX) has already started paying off, stakeholders said yesterday.