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You are here: Home / News / International company gets approval to exit South Africa | SA News

International company gets approval to exit South Africa | SA News

18 November 2025 by Guest

Luke Fraser
 ·17 Nov 2025

London-based Jubilee Metals Group has received clearance from the Competition Tribunal to sell its South African business. 

The tribunal issued Jubilee with a merger clearance certificate and has unconditionally approved the sale of its South African Chrome and platinum businesses.  

In August, Jubilee received a binding offer from One Chrome to acquire its chrome and platinum group metals (PGM) operations in South Africa. 

The group is set to earn $90 million (approximately R1.5 billion) for the chrome and PGM business, which…

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Reader Interactions

Comments

  1. crash override

    18 November 2025 at 10:50 am

    Fun South African Fact: The Union Buildings in Pretoria are home to a larger than life Nelson Mandela statue.

  2. 1St Degree

    18 November 2025 at 10:48 am

    If three out of five people are suffering from diarrhoea, are the others enjoying it?

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