South Africa’s IDC to sell its stake in Namibian uranium mine
Club of Mozambique2 newsrooms in 2 countries
South Africa’s Industrial Development Corp plans to sell its stake in a Namibian uranium project because the mine’s backers include Iranian and Russian entities. The IDC owns about 10.5% of Rossing Uranium, the development financier said in its annual report. The Iranian and Russian firms are under international sanctions, which would leave the IDC…