Africa in Business: from Anglo to Apple
STORY: Here's what's been making the business headlines in sub-Saharan Africa this week.
1. Anglo American rejected rival miner BHP Group's $39 billion takeover bid on Friday (April 26) - saying it significantly undervalued the London-listed company and its future prospects.
The proposed deal would involve Anglo exiting all its platinum and iron ore assets in South Africa - potentially triggering large capital outflows and further denting the country's reputation as a destination for mining investment.
On Thursday (April 25), South Africa's government said it was scrutinizing the proposal which would see Anglo leaving the country where it was founded over a century ago.
2. Ghana needs $2 billion to fight the spread of swollen shoot disease in the world's second largest cocoa producer, the head of its regulator Cocobod said on Monday (April 22).
Global cocoa prices have nearly tripled in the past six months alone, thanks primarily to soaring rates of swollen shoot in Ghana and neighboring Ivory Coast, who together produce more than 60% of the world's cocoa.
3. Kenya's government has advised lawmakers against banning TikTok and instead recommended stricter oversight by regulators.
A panel in parliament has been considering a petition from a Kenyan citizen to ban the Chinese-owned platform.
The interior ministry has said TikTok has been used to spread propaganda, carry out fraud and distribute sexual content.
TikTok did not immediately respond to a request for comment but has previously defended its record on user privacy.
4. Zimbabwe is arresting black market forex dealers they accuse of distorting exchange rates as the country prepares for its new gold-backed currency to enter circulation next week.
The government is keen to establish trust in Zimbabwe Gold amid fears that a black market that thrives on charging premiums will weaken the new currency.
More than 70 black market traders were reportedly arrested in Harare last week and denied bail.
5. And finally, Democratic Republic of Congo is pushing Apple for more information about its supply chain amid concerns it may be tainted with conflict minerals sourced from the country, international lawyers said on Thursday.
Congo's east has been plagued by conflict since the 1990s, including over the control of the illicit trade in minerals including coltan and tantalum - widely used in cellphones and computers - which are smuggled out through neighboring Rwanda, Uganda and Burundi.
Apple referred requests for comment to its latest Conflict Minerals Report which said that 100% of identified smelters and refiners in the supply chain for applicable Apple products manufactured in 2023 had participated in an independent third-party conflict minerals audit for 3T minerals, that's tin, tungsten and tantalum, and gold.
相關影片推薦
- 1:44舊金山治安最差社區 毒品、犯罪猖獗 志工築「安全通道」保護兒童上下學Yahoo奇摩(國際通)5,064 次觀看・15 小時前
- 2:07Apple發表新iPad Pro 5.1公釐歷代最薄 搭載M4晶片加速AI任務Yahoo奇摩(國際通)28,163 次觀看・21 小時前
- 1:49女學生遭攻擊家長怒告 男稱不滿被吊飾甩到華視影音79,325 次觀看・19 小時前
- 1:34巴西暴雨致災至少90死 空拍直擊水淹機場、體育場飛機受困、車輛幾乎滅頂Yahoo奇摩(國際通)2,457 次觀看・21 小時前
- 1:36東京「天空走廊」搶先看 離地8公尺高架道路變身公園 嶄新視角看銀座繁華美景Yahoo奇摩(國際通)7,376 次觀看・15 小時前
- 1:05Jennie二度登Met Gala震懾全場! 大露性感蠻腰辣腿網驚:可排進傳奇造型之一娛樂星聞4,582 次觀看・12 小時前
- 回顧教育部長任期7年 潘文忠將卸任展笑顏 坦言108課綱最難處理!有話對新任部長鄭英耀說【齊有此理】齊有此理171,327 次觀看・1 天前
- 1:34台荷混血三兄弟大哥扛家計 娶美嬌娘太平雲梯辦婚禮民視影音237,975 次觀看・2 天前
- 1:39長榮機艙竟變拳擊場 旅客自行換座位爆互毆民視影音5,163 次觀看・14 小時前
- 1:06Lisa與LV三公子出席活動 兩人有說有笑很自然娛樂星聞267 次觀看・7 小時前
熱門必看
- 12:49你是外向E人還是內向I人?水瓶座竟跌破大家眼鏡是I人無誤!?Ep.216-2唐綺陽談星室63,075 次觀看・1 週前
- 8:36上完課、開完會還是有聽沒有懂? 8分鐘學會用AI幫你統整重點!Yahoo創作摩人56,962 次觀看・1 週前
- 9:50【四驅車製作】#77 新三角箭ZMC 混碳版再次製作~ 等了四年啊!!! 爆走兄弟Let's & Go!! 四驅兄弟 ミニ四駆 NEO-TRIDAGGER ZMC 《曼仕德》雷達之星12,267 次觀看・1 週前
- 0:07台北馬來西亞餐廳推薦|#肉骨潘三八旅客,旅遊美食9,902 次觀看・1 週前
- 14:47全台唯一自動炒菜機烹飪的麻辣燙?! 多到蓋不起來的炸雞便當!超浮誇蛤蜊麵!桃園中壢|你不能錯過的高評價美食!我是馬鈴薯小姐雁靈40,964 次觀看・1 週前