News & Events

Australian Lynas Rare Earths Ltd bags environmental approvals from Malaysian authorities to build a permanent disposal facility for water leached purification residue in the country. Lynas is one of the world’s biggest rare earth miners and received an extension on a deadline due to the ongoing pandemic to satisfy licence conditions for building the permanent disposal facility.

Read the original article here: https://www.reuters.com/business/energy/australias-lynas-gets-regulator-nod-disposal-facility-malaysia-2021-12-30/

Xero, a New Zealand-based accounting software platform announces the acquisition of Calgary based tax solution software startup TaxCycle for a total of $75 million CAD. The deal is expected to end by December 31 on account of the company’s commitment on expanding its overall presence in Canada. TaxCycle, formally known as Trilogy Software, was founded in 2010 by CEO Cameron Peters.

Read the original article here: https://betakit.com/xero-to-acquire-calgarys-taxcycle-in-75-million-cad-deal-to-expand-canadian-presence/

Leoht Africa partners with the Indian Chamber of Commerce to boost the retail sector of Nigeria’s textile industry. Debmalya Banerjee, regional director of the Indian Chamber of Commerce, Kolkata, said India being one of the largest growers of cotton in the world and producers of textiles can help Nigeria in reviving its textile and apparel sector positioning itself as a leading hub in the Central and West African market.

Read the original article here: https://guardian.ng/business-services/india-nigerian-firm-partner-to-boost-retail-textile-sector/