News

African Petroleum Stands on Slippery Ground

UK-based exploration and production company African Petroleum continues to lay claim to offshore Block 1A in The Gambia even after the government...

Air Namibia to wait for court judgement

AIR NAMIBIA says it will not engage with any Namibian individuals or companies claiming to be official representatives of the Belgian...

Ajaokuta: Global Steel abandons arbitration, gets Itakpe

Global Steel Holdings Limited (GSHL) may have abandoned the arbitration process that it instituted at the London Court of International Arbitration, to reclaim the Ajaokuta Steel Complex from which it was sacked by the Federal Government of Nigeria.

Algeria Signs $206 Million Contracts With American Oil Companies

Rabat – Sonatrach, Algeria’s government-owned oil company, granted contracts worth $206 million to a series of American companies for “cementing and pumping services,”and oil drilling, according to a reports by Reuters on, which cited a document from the state-owned Algerian company, Sonatrach....

Amcu accepts CCMA proposed settlement

A protracted strike waged by the Association of Mineworkers and Construction Union might soon come to an end after the union's members agreed...

Amend arbitration law now, says Rhodes-Vivour

The Arbitration and Conciliation Act is due for amendment, the Chartered Institute of Arbitrators (CIArb) UK, Nigeria Branch chairperson, Mrs Adedoyin Rhodes-Vivour, has said.

AngloGold Ashanti to take issue with Tanzania

JOHANNESBURG - Gold producer AngloGold Ashanti said yesterday it was planning to engage the government of Tanzania on proposed new laws and regulations...

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