ANC backs Tito but stops short on asset sales
The ANC approved a range of proposals to revive economic growth, but stopped short of endorsing Finance Minister Tito Mboweni’s controversial plan to sell some state assets.
The ANC approved a range of proposals to revive economic growth, but stopped short of endorsing Finance Minister Tito Mboweni’s controversial plan to sell some state assets.
Anglo American scrapped its dividend for the first time since 2009, announced further spending reductions and plans to consolidate its business units from six to three.