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.
Amplats may revisit restructure plan
A report by City Press raised the prospect that Anglo American Platinum may seek to mitigate a restructuring plan affecting up to 14,000 jobs.
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.
Unions, business in rare alliance against Eskom
It's not often a union like Numsa joins hands with the business community; but it is as it seeks to oppose common enemy Eskom.
IDC sounds note of caution on steel mill plans
Plans by government to build a steel mill in South Africa must be implemented with a view to avoiding "unintended consequences", according to the IDC.
Eskom must be allowed to earn profit: Eberhard
Past electricity tariff increases given to Eskom were justified, said Anton Eberhard who added the utility was required to make a profit for its own capital requirements.
Motsepe reiterates interest in platinum deals
Patrice Motsepe, executive chairperson of African Rainbow Minerals, said his firm was interested in platinum acquisitions, reiterating comments made in September.
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.