The European Investment Bank (EIB), Europe’s long-term lending institution, has agreed to provide a further R2bn for investment in affordable and social housing in South Africa.
Standard Bank is making available up to R400m for the financing of affordable housing developments in SA.
Kenmare Resources would start construction of its Moma titanium mine in Mozambique next year and production was still on course to come on stream in 2005, officials said last week

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