Anglo bags Cutifani, AngloGold begins search
Anglo American brought an end to weeks of speculation confirming it had appointed AngloGold Ashanti CEO, Mark Cutifani, as its new CEO, effective from April 3.
Cutifani lined up as Carroll successor – reports
Mark Cutifani is at the forefront of a shortlist to replace Cynthia Carroll at Anglo American according to report which add an announcement is due in two weeks.
Anglo poised to name Cutifani CEO: FT
The UK newspaper reported on Monday evening that Anglo American could make an announcement as early as Tuesday (January 8).
Anglo leads market as outlook powers rerating
Anglo American was among a raft of mining stocks that kicked off 2013 in style as the US sidestepped its fiscal cliff and China sounded bullish on growth.
Miners relieved nationalisation is dead
The Chamber of Mines said a key uncertainty for investors had been removed when the ANC consigned nationalisation of mines to the rubbish heap.
ANC raises prospect of youth subsidy in 2013
Despite Cosatu opposition, a youth subsidy in which employers are offered tax breaks to provide first jobs is likely to break surface in 2013, the ANC has said.
Godongwana dismisses “scarecrow” tax critics
The ANC's Enoch Godongwana said critics of resource rents were scaremongers, and that South African mining should expect more taxes.
Nationalisation expunged from ANC lexicon
Nationalisation is off the table, said public enterprises minister Malusi Gigaba said, but strategic ownership was, on the balance of evidence, likely to be a reality.
Ramaphosa election voted good for business
The rand firmed against the dollar yesterday in a signal that investors viewed the appointment of Cyril Ramaphosa as deputy president of the ANC positively.
Ramaphosa review may quicken Shanduka listing
Shanduka was reviewing its portfolio ahead of a listing even before its founder and ANC deputy president, Cyril Ramaphosa, launched a review of his business interests.