Irony of Mpumalanga’s 44% unemployment lost on bleating Cosatu
Retrenchments at Glencore Optimum mine in Middelburg and Evraz Highveld Steel in Witbank would be catastrophic to both the provincial and national economy.
Retrenchments at Glencore Optimum mine in Middelburg and Evraz Highveld Steel in Witbank would be catastrophic to both the provincial and national economy.
Alec Hogg was joined on CNBC Africa’s Power Lunch by Sasfin’s David Shapiro. Hogg and Shapiro analyse companies in the spotlight today: Tiger Brands, Redefine International and ArcelorMittal.
Landlocked Mali aims to diversify its mining sector away from gold with Chinese-built rail projects worth $9.5 billion that would link it to the Atlantic coast, even as slowing Chinese growth and falling commodity prices cool investment.
This discussion focuses on an unconfirmed report Arcellor Mittal is about to close South African plants, arguments around beneficiation and the oil price.