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Zambia seals debt-funded deal to acquire Glencore’s Mopani mine | MyJHB.co.za

19 January 2021 by Con Tributor

Johannesburg in the news:

  1. Zambia seals debt-funded deal to acquire Glencore’s Mopani mine: Glencore has agreed the sale of its majority stake in Mopani Copper Mines to Zambia’s mining investment arm ZCCM-IH in a $ 1.5 billion deal, the miner and trader said on Tuesday. – “Johannesburg” – BingNews
  2. South Africa’s trailblazing Black food writer dies of virus: South Africa’s pioneer Black food writer Dora Sitole, who quietly defied apartheid to win respect and a readership for African cuisine, died this month of COVID-19 … – “Johannesburg” – BingNews
  3. S.Africa’s Land Bank could get another bailout this year: South Africa’s state-owned Land Bank could get another bailout this year, after the National Treasury told Reuters it was considering the bank’s application for a 7 billion rand ($ 463 million) equity … – “Johannesburg” – BingNews
  4. SIU gunning for departments over PPE graft: Johannesburg – The special investigating unit (SIU) has filed a court application with the Special Tribunal to secure an order interdicting two Free State provincial departments from making payments … – “Johannesburg” – BingNews
  5. Joburg mother traumatised after giving birth alone at South Rand Hospital: The 23-year-old said she lost consciousness after giving birth to her baby boy, who then fell to the floor in a pool of blood. – “Johannesburg” – BingNews

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Have you tried: Travelling to South Africa?

Did you know this about Johannesburg? In 1893 Johannesburg’s first stock exchange was opened. From then until today Johannesburg has been the seat of the South African stock exchange and the country’s financial heartland. The Johannesburg Stock Exchange is presently in Sandton, Johannesburg.

Category: NewsTag: acquire, deal, debtfunded, Glencore's, mine, Mopani, MyJHB.co.za, seals, Zambia

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The World’s Largest Man-Made Urban Forest

One of the most surprising facts about Johannesburg is its status as a “green” city. When the first settlers arrived, the Highveld was a barren, treeless grassland (savannah). To support the mining industry, millions of trees were imported and planted to provide timber for mine underground supports. Fast forward to the present day, and Johannesburg is widely considered the largest man-made urban forest in the world.

There are an estimated 10 million trees within the city limits. This includes 1.2 million trees on sidewalks and in parks, and over 4.8 million in private gardens. This forest is so dense that satellite images of the northern suburbs often resemble a tropical rainforest. The most iconic of these trees is the Jacaranda, which was imported from South America in the early 20th century. Every October and November, the city turns a vibrant shade of purple as thousands of Jacarandas bloom simultaneously. However, this “forest” also highlights the city’s historical inequality; during the Apartheid era, trees were predominantly planted in wealthy white suburbs, leaving townships like Soweto as dusty plains. In the last two decades, “Greening Soweto” initiatives have seen hundreds of thousands of trees planted to bridge this “green divide,” emphasizing the role of urban forestry in social justice and climate cooling.

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