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25 March 2017
03 Mar 2017
Multinational Enterprises under the spotlight in South Africa’s National Budget Speech17: Transfer pricing
In his budget speech on Wednesday 22 February 2017, South African Minister of Finance, Pravin Gordhan, emphasised that combating tax avoidance by multinational enterprises is still a top priority....
14 Feb 2017
Kumba applying exploration-to-beneficiation technology
South Africa’s biggest iron-ore mining company Kumba Iron Ore intends maximising the return potential of its assets through productivity initiatives, accompanied by ongoing robust cost management....
Kumba lifts output, slashes costs, pumps cash, CFO quits
South Africa’s biggest iron-ore mining company Kumba Iron Ore beat production guidance, slashed costs and pumped cash – but what was a successful 12 months to December 31 last year, was marred by...
25 Jan 2017
Kumba earnings soaring on higher iron-ore prices
The earnings of Kumba Iron Ore, the Anglo American iron-ore mining company up for sale, are soaring on higher export prices – but whether or not its rocketing performance will dissuade Anglo from...
25 Oct 2016
Operational improvements continue across Anglo portfolio
Operational improvements continue across the portfolio of Anglo American, which delivered an overall superior production performance in the three months to end September. On a copper equivalent...
26 Jul 2016
Supply, demand fundamentals remain challenging – Kumba Iron Ore
While iron-ore prices seem to have stabilised, supply and demand fundamentals remain challenging, outgoing Kumba Iron Ore CEO Norman Mbazima said on Tuesday. Speaking at the Anglo American group...
Daily Podcast – July 26, 2016
Making headlines: Labour Court rules that SABC 4 must be reinstated South Sudan's Salva Kiir replaces deputy Riek Machar And, ANC hoping to retain majority in Karoo
Ndlovu to head Anglo coal
Anglo American Platinum (Amplats) operational processing executive head July Ndlovu has been appointed CEO of Anglo American’s coal business in South Africa. This follows the appointment of Themba...
Kumba Iron Ore changes guard
Anglo American company Kumba Iron Ore on Tuesday announced the appointment of Themba Mkhwanazi as CEO with effect from September 1, following Norman Mbazima’s decision to step down after four years...
28 Jan 2016
Sishen iron-ore mine begins workforce reduction process
The Sishen Iron Ore Company on Thursday started its retrenchment consultation process, which affects 3 933 employees and contractors. The Labour Relations Act Section 189 and 189A consultation on...
08 Dec 2015
Anglo halves business units, axes divi, cuts 3 850 plat jobs, halts plat projects as Kumba trembles
The share price of Anglo American fell by more than 12% on Tuesday after the diversified major set out radical portfolio restructuring, further material cost savings, more capital expenditure...
05 Aug 2015
Scaw may retrench workers as it considers restructuring
Steel product manufacturer Scaw Metals Group announced on Wednesday that the company was contemplating restructuring and had issued a notice in terms of Section 189A of the Labour Relations Act,...
R50m mine design centre opens
The University of Pretoria’s new virtual and augmented reality mine design centre, which is set to revolutionise both surface and underground mine design, was officially opened on Tuesday evening....
23 Jul 2015
‘Poor citizen’ AMSA promises to mend ways as it seeks support to save Vereeniging and company
South Africa’s largest steel producer ArcelorMittal South Africa (AMSA) gave notice on Thursday that it was weighing the partial or full closure of its Vereeniging Works, in southern Gauteng, and...
08 Jun 2015
NUM: NUM 15th National Congress declaration
1.  Preamble!!! “The road is long and full of difficulties. At times we wonder from the path and must turn back; at other times we go too fast and separate ourselves from the masses; on occasion we...

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