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Advertisement South32 Ltd has provided an update regarding the transfer of its shareholding in South32 SA Coal Holdings Proprietary Ltd (South Africa Energy Coal) to Seriti Resources Holdings Proprietary Ltd. The transaction is expected to be concluded following the end of the March 2021 quarter. South32 advises that it has become aware that key information regarding negotiations between South32, Seriti, and Eskom Holdings SOC Ltd has ceased to be confidential ahead of finalising arrangements to satisfy the final material conditions to the transaction. In this regard, and conditional on Eskom’s final approval, the approval of National Treasury for amendments to the terms of the Duvha Coal Supply Agreement and the completion of the transaction, South32 has committed to providing additional support to underpin the sustainability of the South Africa Energy Coal business under the ownership of Seriti. The key elements include: ....
South32 provides South Africa Energy Coal divestment update worldcoal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from worldcoal.com Daily Mail and Mail on Sunday newspapers.
(1) Technavio estimates the global sustainable tourism market growth to reduce by USD 130.12 billion and accelerate at a CAGR of about -5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201214005600/en/ Technavio has announced its latest market research report titled Global Sustainable Tourism Market 2020-2024 (Graphic: Business Wire) The market is driven by the shifting preference toward local and authentic experiences. However, the inability of developing countries to implement sustainable tourism policies might challenge growth. ....