Welcome to Kalagadi Manganese
Kalagadi Manganese (Pty) Ltd, a company that is held by ArcelorMittal (50%), Kalahari Resources (40%) and IDC (10%) has been involved in the exploration for Manganese in the Kalahari Basin. The three farms on which the company holds new order mining rights are believed to overly some 960 million tons of manganese ore. The recent exploration programme has identified 102 million tons of Mineral Resources.
The Africa CEO Forum Winner: Daphne Mashile-Nkosi
Geneva - The African CEO Forum 2014: The top nominated leaders of business in Africa gathered in Geneva to be analysed by their peers. Taking the award this year is Daphne Mashile-Nkosi, bringing to the stage the role of women in business within Africa and beyond.
The AFRICA CEO FORUM Awards recognize companies and investors whose strategy shows their determination to take part in the growth dynamics of Africa. Because their achievements encourage the advent of competitive an African businesses, "nominees" are selected for their commitment and results in four key areas: 1) Promote African private sector 2.) Strengthening the regional integration 3.) Development of intra-African exchanges and 4.) Social and environmental responsibility
Private Sector for Development: How private investments have helped the mining sector growth
Today’s widely accepted thesis that the private sector is a key engine of economic growth stands in stark contrast to the model that most post-colonial African countries adopted during the early years of their independence. The model adopted by most of these countries at that time predicated the economic growth and development prospects of these countries on the public sector playing the central role.
However, these countries faced a number of challenges which became pronounced in the 1980s with the fall of commodity prices, leading to extended economic hardship. This necessitated new economic reforms which saw the scope of the public sector being significantly reduced and more emphasis being put on the role of the private sector for economic development.