It should be frowned upon for a minister or proxy to call a CEO of a state entity enquiring about opportunities for comrades, writes Mpumelelo Mkhabela.
High level clouds. Cool.
The world’s biggest miners are cranking up spending for the first time in half a decade as well as pursuing more takeovers - and investors are flashing hazard lights.
BHP Billiton has said it will fight a class action served in Victoria, Australia, over the 2015 Samarco dam disaster in Brazil.
BHP Billiton says the timing of its $20bn spree into US shale in 2011 was a misstep and that if the miner could turn the clock back, it wouldn’t have invested in the assets.
South African markets ended firmer, while banks and retailers remain under pressure as investors review the implications of the most recent credit ratings downgrade.
The speed of the mining recovery is faster than anything that’s been seen in the past decade.
Fin24 compiled a list of the best performing companies on the JSE Top 40, based on net profit earnings.
BHP Billiton expects iron ore prices to begin retreating as “well-telegraphed” new supply hits the market from Australia and Brazil.
The iron ore market will take longer to balance out than other commodities as excess supply may take years to be absorbed after a boom, according to BHP Billiton.
Optimum Coal has been sold three times in less than 10 years. It provides the prevailing South African story of some inexplicable deals involving politically connected individuals and companies.
For Anglo American, life would have to get a whole lot worse before it considers selling its best copper mines.
The bearish sentiment in Tencent has not spared Naspers on the JSE which is also under a sharp sell-off. In today’s session Naspers slumped 6.47% to close at R2656.98 per share.
The JSE has pushed higher for a second consecutive session as positive financial results provided a boost to the equity market.
South32 is ditching the first major deal it made since spinning off from BHP Billiton in 2015.
BHP CEO Andrew Mackenzie has intensified his warnings that US trade protectionism under President Donald Trump would threaten global growth and the fight against poverty.
BHP Billiton has said it will take legal action after a group of about 300 people entered the Escondida mine during a strike and forced some contractors to abandon the site.
BHP Billiton and billionaire Gina Rinehart’s Hancock Prospecting are among commodity producers to have held talks over a potential entry into mining in Ecuador.
BHP Billiton's reported full-year underlying profit has declined 81% for the worst result since 2001 after raw materials tumbled to a 25-year low in January.
Shares in BHP Billiton tumbled after Brazil's Federal Public Prosecution announced it had launched a $43 billion civil suit for a dam break that caused the worst environmental disaster in Brazil's history.
Norway's sovereign wealth fundhas excluded 52 coal-related companies after new ethical guidelines went into effect barring it from investing in such groups.
BHP Billiton says it was unaware of Mossack Fonseca's internal assessment after the Panama Papers leak showed that a financial transaction sparked a “high risk” warning.
Cape Townemerge R580 000.00 - R620 000.00 Per Year
Cape Town Southern Suburbs1st Contact T/A Sable International
Cape TownemergeR600 000.00 - R700 000.00 Per Year
Apartments / Flats
R 9 400
Apartments / Flats
R 13 500
R 1 195 000
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