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How Glencore will avoid paying a parting bonus to its employees with the Perenco takeover

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By deciding on a share sale to Perenco rather than an asset sale, Glencore will not have to pay any compensation to its employees, whose employment rights will likely remain unchanged.

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Headlines

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William Ruto at the Africa Forward summit in Nairobi, on 12 May 2026.
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Headlines

Assimi Goïta (centre) attending the funeral of Defence Minister Sadio Camara in Bamako, on 30 April 2026.
Spotlight | Libya, Mali Azawad Liberation Front uses south Libya as back-up base for operations Kenya Ruto moves first to edge out Hassan on Dangote refinery
William Ruto at the Africa Forward summit in Nairobi, on 12 May 2026.
Central African Republic Touadéra to make trip to Dubai on state and personal business Ethiopia Tsadkan and Getachew court figures for peace council amid fears of new conflict Ivory Coast Cocoa trader Touton to exit storage and processing after Hartree deal Madagascar, Nigeria Michael Randrianirina and Bola Tinubu seek path to normalisation Ivory Coast Yamoussoukro set to turn itself into a defence industry hub Cameroon New plantation violence plunges Cameroon Development Corporation into the red
Oil palms in the village of Malombo, Cameroon, in March 2026.
Equatorial Guinea Panoro Energy rethinks offshore after US firm Kosmos makes exit Egypt Food and beverage firm Juhayna locks out its Qatari shareholder

Related topics to this article

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