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Sustainable BusinessAustralian pension fund association raises bar for companies on climate change Melanie Burton 3 minutes read Australias main association representing pension fund investors said it was tightening its climate change policy and may recommend voting against directors of companies which are not moving fast enough to meet Paris goals. The Australian Council of Superannuation Investors (ASCI) is also urging companies to adopt shareholder resolutions known as Say on Climate which t...

Zimbabwe's state-controlled iron and steel company ZISCO has invited new investors to help revive operations at the company that has been the target of interest from Indian and Chinese investors in the past, a company document seen by Reuters showed.

AfricaSouth Africa lifts power licence threshold, but not enough ReutersAlexander Winning 3 minutes read Locals walk past Eskoms electricity pylons as they return from work in Orlando, Soweto township, South Africa, July 20, 2020. REUTERS/Siphiwe Sibeko//File Photo South Africa plans to lift the licensing threshold for small-scale power generation projects to 10 megawatts (MW) from 1 MW, a boost to firms anxious to curb their reliance on ailing state utility Eskom, but industry experts had h...

April 24, 202110:22 AM UTC AfricaBotswana’s Debswana expects new strategy to create at least $900 mln in extra revenue Reuters 3 minutes read A worker arrives at the Jwaneng diamond mine,operated by Debswana, a joint venture between Anglo American unit De Beers and the Botswana government outside Gaborone,Botswana, in this picture taken November 25, 2015. REUTERS/Siphiwe Sibeko Debswana Diamond Company, a joint venture between the Botswana government and Anglo American’s (AAL.L) De Be...

AfricaZimbabwe gold output down 30% in first quarter Reuters 1 minute read Mine workers are pictured at the Freda Rebecca gold mine in Bindura town, file. . REUTERS/Philimon Bulawayo Zimbabwes gold production fell 30% to 3.98 tonnes in the first quarter of this year, while export earnings from the yellow metal also declined, central bank data showed on Friday. The Reserve Bank of Zimbabwe (RBZ) did not give a reason for the decline, but small-scale miners who produce half of the mineral say s...

Healthcare & PharmaceuticalsCOVID-19 vaccine batch Austria has halted use of went to 17 countries Reuters 3 minutes read A vial of AstraZeneca coronavirus vaccine is seen at a vaccination centre in Westfield Stratford City shopping centre, amid the outbreak of coronavirus disease (COVID-19), in London, Britain, February 18, 2021. REUTERS/Henry Nicholls Austria was one of 17 European countries to receive doses from a batch of AstraZenecas COVID-19 vaccine that Austrian authorities have stopped u...

Sustainable BusinessYellen lays out ‘bold’ climate agenda for U.S. economy, markets ReutersDavid LawderAndrea ShalalAnn Saphir 3 minutes read U.S. Treasury Secretary Janet Yellen attends an economic briefing with U.S. President Joe Biden in the Roosevelt Room at the White House in Washington, U.S., March 5, 2021. REUTERS/Tom Brenner U.S. Treasury Secretary Janet Yellen on Wednesday pledged to aggressively tackle climate change using all the tools at her disposal, warning that a failur...

Asia PacificPNGs prime minister survives another bid to oust him - report Colin Packham 2 minutes read Papua New Guinea Prime Minister James Marape survived another attempt to remove him from office when the speaker adjourned parliament for four months, the Guardian reported on Thursday, safeguarding his position until the next election. Marape was due to face a vote of no confidence this week but the government, citing a rampant COVID-19 outbreak, proposed an adjournment of parliament and the ...

AfricaSouth Africas Nedbank to stop funding new coal mines Reuters 2 minutes read Mike Brown,Chief Executive Officer of Nedbank Group Limited gestures during their annual Treasurers Conference in Johannesburg South Africa , May 26,2016. REUTERS/Siphiwe Sibeko South Africas Nedbank (NEDJ.J) will stop financing new thermal coal mines from 2025 and cut direct funding of new oil and gas exploration projects with immediate effect, it said on Thursday amid growing pressure on banks from climate acti...

EnergyColumn: Iron ore and China steel output aren’t sticking to the script Clyde Russell 5 minutes read Workers are seen by a freight train at the iron ore terminal at Dalian Port, Liaoning province, China September 21, 2018. REUTERS/Muyu Xu The China steel and iron ore market narrative for 2021 was supposed to be pollution-led curbs on steel output, coupled with rising iron ore supply, leading to lower prices. Neither is happening. The worlds three biggest iron ore miners all reported l...