Strike action adds to port and rail logjam
Labour unions at ports and freight-rail company Transnet threatened to begin a strike this week after rejecting its latest wage offer.
Labour unions at ports and freight-rail company Transnet threatened to begin a strike this week after rejecting its latest wage offer.
Thungela remains “far too cheap,” even with its relatively short-life assets, said Ben Davis, a mining analyst at Liberum Capital Ltd. in London.
Counterpoint value fund manager Piet Viljoen shares his strategy on how to protect and build wealth during inflationary periods.
Transnet – the legacy-stricken rail, port and pipeline company – continues to face headwinds costing the mining industry billions of rands.
One of South Africa’s in form fund managers Piet Viljoen is the man to talk to in the midst of reporting season on the JSE.
Exxaro Resources has announced a share buyback and a special dividend after offloading its last shares in Tronox Holdings.
Eskom will be “death knell” for SA’s mining industry unless government enables mines to produce their own electricity, says Exxaro chief Mxolisi Mgojo.
Sipho Nkosi will join the Sasol board 1 May as independent non-executive director and chairman designate to succeed Dr Mandla Gantsho at the conclusion of the AGM on 22 November.
Mining magnate Patrice Motsepe turned down the role as Sanlam chairperson and asked former CEO Johan van Zyl to take on the role.
Diversified miner Anglo American will sell its 9.7% stake in South African miner Exxaro, and use the proceeds to reduce debt.