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29Apr 2017

Old financial services, new tricks: How 15 classic brands are tackling fintech

With a bit of flexibility, forward-thinking and cooperation with fintechs, long-established financial services show there’s life in the old dogs yet. With so many hot new fintech kids on the block, these days, staying ahead in financial services means a bit of ‘Keeping Up with the Card-cash-ians’. Yes, the new breed of banking and finance is informal, mobile and totes millennial-friendly.

29Apr 2017

Apple vows to end mining and use only recycled materials – CNET

Apple plans to one day stop mining the earth for rare minerals and metals and start using 100 percent recycled materials for its products. The tech titan made the announcement Wednesday, just ahead of the annual Earth Day celebration Thursday, in its 2017 Environment Responsibility Report. The chief reason cited for the shift is the affect electronics manufacturing is having on the planet.

29Apr 2017

BP agrees sale of interest in SECCO to Sinopec

BP today announced that it has agreed to sell its 50% stake in the Shanghai SECCO Petrochemical Company Limited (SECCO) to Gaoqiao Petrochemical Co Ltd, a 100% subsidiary of China Petroleum & Chemical Corporation (Sinopec), BP’s joint venture partner, for a total consideration of $1.68 billion.

29Apr 2017

CoAL making progress to re-enter market as coal producer

Triple-listed Coal of Africa Limited (CoAL) is making good progress in re-entering the market as a coal producer, CEO David Brown said in a quarterly update to shareholders on Friday. The company earlier this month announced that it would buy Pan African Resources’ Pan African Resources Coal Holdings subsidiary, which holds a 91% stake in the Uitkomst colliery, in KwaZulu-Natal, for R275-million. The acquisition is considered complementary to CoAL’s developing Makhado project.

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