The week that was: MTN, EasyEquities, Moderna, Peloton and Elon’s $25bn Twitter poll
There’s never a boring week in the financial markets, especially when several broad macroeconomic issues are troubling investors.
Mark Cutifani
Piet Viljoen on MTN as telco giant fires on cylinders
Piet Viljoen makes his second appearance for the week on BizNews, after going head to head with Magnus Heystek in an investment challenge.
Cutifani departs Anglo American with his head held high – With insights from the Wall Street Journal
Mark Cutifani has announced his retirement, ending his reign as the man in charge of Anglo American after a decade at the helm.
Anglo American shareholders smile with distributions ballooning as commodity bull run continues
Anglo American has announced its half-year results, with the resource counter beating expectations, with the share price reacting favourably.
Short-sellers say Anglo American spin-off Thungela Resources is worthless
Anglo’s spin-off Thungela Resources is worthless given the scale of environmental clean-up costs, says short-seller Boatman Capital.
Anglo American to separate SA coal mines into new business, Thungela Resources
The new business, called Thungela Resources Ltd., will be listed in Johannesburg and London in June, the miner said in a statement on Thursday.
Eskom biggest spoke in Anglo American’s growth wheel, laments Mark Cutifani
Anglo American CEO Mark Cutifani has told investors state-owned power utility Eskom stays the company’s single most-important risk.
Anglo building a brick wall against Agarwal’s potential takeover
Anglo American has hired three investment banks to fend off a potential takeover bid from the billionaire owner of Vedanta Resources, Anil Agarwal.
The South African investment doors have been reopened – Anglo CEO
Anglo American, the company that grew to be South Africa’s biggest during apartheid, says it’s ready to invest in the country again.
Anglo American puts up Land Reform hand
Anglo American wants to make a positive contribution to South Africa’s efforts to reform land ownership and address racially skewed patterns, said Chief Executive Officer Mark Cutifani.