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South Africa law signals opportunity

The Australian-listed technology company Codan could be about to see the first significant dividends from its acquisition more than three years ago and subsequent investment in Minetec, the firm that won the right to commercialise CSIRO’s WASP technology. South Africa’s shifting mine safety culture is the key.

Codan produces radio communications devices for military and other applications, and high-tech metal detectors, with the underlying business model aimed at mass producing electronic hardware wrapped