Author: Staff Writer

Patricia Stock has been appointed as the new CEO of the South African Institute of Chartered Accountants (Saica), starting in December 2023. Stock’s appointment as Saica’s new CEO is notable as she becomes the organization’s first black woman CEO, marking a transformative step forward in leadership diversity. The previous fine and barring of a former SAA board member and chartered accountant highlights the importance of upholding professional standards and ethics within the accounting profession. With her experience and vision, Stock is expected to lead Saica in promoting excellence, innovation, and transformation within the industry.

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Shell and TotalEnergies, two major energy companies based in Europe, are intensifying their efforts to explore a potentially significant oilfield off the coast of Namibia. This signals the industry’s pursuit of new fossil fuel resources despite the global transition to cleaner energy sources.

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AngloGold Ashanti has announced that it will place its Córrego do Sítio mine in Brazil into care and maintenance due to poor production and high costs. The mine has been operating since 1989 and accounted for about 2.4% of the group’s first-half production.

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