The Aggreko Shanduka cross-border power project in Mozambique has been awarded Africa’s Best Fast Track Power Project in 2012 at the Africa Energy Awards.

Shanduka Executive Chairman Cyril Ramaphosa has advised Lonmin Plc and Mondi Group that he will not seek re-election to their respective boards at the companies’ forthcoming AGMs.

Shanduka Executive Chairman Cyril Ramaphosa has initiated a review of his interests in business following his election to the position of ANC Deputy President at the ANC’s 53rd National Conference in Mangaung.

Shanduka Group is pleased to announce the acquisition of a minority stake in MTN Nigeria. The stake has been purchased through Shanduka Telecommunication (Mauritius), a wholly-owned subsidiary of the group. Shanduka acquired its stake from three private investors.

South African investment holding company Shanduka Group, together with its consortium partners, will shortly begin construction of a 73.8MW wind power project near Victoria West in the Karoo. The project, Noblesfontein Wind Power Project, reached financial close earlier this month.

Shanduka Group has noted a report in the Mail & Guardian newspaper that contains a number of allegations and inferences about the company and its executive chairman, Cyril Ramaphosa.

Shanduka Executive Chairman Cyril Ramaphosa has offered to testify at the Marikana Commission of Inquiry.

Fact Sheet on Shanduka Group's acquisition of an interest in Lonmin operations

In response to a malicious document that appeared under the heading ‘Marikana Truth’, the following summarises details of the transaction in which Shanduka Group acquired a shareholding in Incwala Resources, which has a shareholding in Lonmin Plc’s operations.

Shanduka Group will contribute R2 million towards the funeral arrangements of those who lost their lives at Lonmin’s Western Platinum operations in Marikana over the last week.

Shanduka Group is deeply shocked by the tragedy that has occurred at Lonmin’s Western Platinum operations in Marikana. We offer our condolences to the families of those who lost their lives, and hope for the recovery of those wounded.

Aggreko, the UK based interim power solutions specialist and Shanduka Group the South African investment holding company have today announced a ground-breaking project to provide a 107 MW power plant, which will use gas from Mozambique’s Temane gas field to provide an interim power supply to South African power utility Eskom and its Mozambican counterpart, Electricidade de Moçambique (EDM).

Shanduka Group (Proprietary) Limited (“Shanduka”) and Metopex (Proprietary) Limited (“Metopex”) are pleased to announce that they have concluded a transaction which will result in the DRA Group Employee Trust acquiring Shanduka’s 25% shareholding in the South African operating subsidiary of Metopex, Inyanga Consolidated Investments (Proprietary) Limited, also known as DRA Africa. DRA Africa is a multidisciplinary engineering and project management company with design, construction and operation capabilities. It employs some 3,500 staff and provides services to a number of very substantial mining groups operating in Africa