After BHP, is Glencore tempted to take on Anglo American?

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The commodities giant, Glencore, is reportedly interested in taking over Anglo American. On 24 April, the British mining company rejected an offer from Australia’s BHP.

Anglo American is worth its weight in copper. After turning down a cheque for $39bn on 24 April, the British mining group, which operates in, Botswana, Lesotho, Namibia and Zimbabwe, is now said to be in the sights of Anglo-Swiss Glencore – operating mainly in Zambia and Democratic Republic of Congo.France’s Meridiam, pushed out of Burkina Faso, sees Kenya highway contract cancelled

Kenyan authorities have cancelled a highway contract valued at more than $1bn with the French infrastructure development and financing firm Meridiam. ...Dr Kgosientsho Ramokgopa dismisses ANC critics, saying the country’s energy reforms initiated in 2022 are starting to bear fruit and rolling power cut...Twelve firms listed on the Nairobi Securities Exchange, including Nation Media Group and Kenya Airways, have issued profit warnings due to increased o...

 

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