JCI’s Gray in firing line over salaries, fees
Peter Gray, CEO of cash shell JCI, was grilled by shareholders who want to know why he collects a large salary when the firm is not generating cash.
Mantashe lashes big business for its ‘disdain’
Gwede Mantashe, ANC secretary-general, has said his party was treated by disdain by big business which was seeking to control it.
Anglo registers strike-hit Q4 output losses
As expected, Anglo American's fourth quarter production figures were blighted by its strike-torn South African mines. But there were some bright spots too.
BHP lines up for 10% copper, iron ore, oil growth
BHP Billiton was positioned to grow production from its key divisions on the back of 'return capacity' and improved demand from China.
Ramaphosa begins withdrawal from business
Cyril Ramaphosa, newly elected deputy president of the ANC, set to work unravelling his business ties today, resigning from the boards of two prominent companies.
Gordhan brings perspective to tax fears
It fell to finance minister Pravin Gordhan to bring perspective to fears the South African mining industry was imminently facing a radical overhaul of its tax regime.
Anglo to write-down $4bn to $5bn: report
Anglo American is set to announce write-downs of between $4bn and $5bn, according to the Sunday Times.
Cutifani keeps an open mind on Amplats
Mark Cutifani, CEO-designate of Anglo American, said he would change plans at Amplats if it was necessary and said far-reaching changes were possible at Anglo.
MPRDA amendments confound legal experts
The draft Minerals and Petroleum Resources Amendment bill included worrying levels of ministerial discretion and included unnecessary changes, legal experts say.
Albanese quits Rio amid $14bn write-down shock
The write-down of aluminium assets was expected but it was the $3bn impairment of Rio Tinto's Mozambique assets that delivered the fatal blow to Albanese.