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This followed two days after Finance Minister Tito Mboweni’s Medium Term Budget Policy Statement (MTBPS), which offered an honest assessment of the steep deterioration in the…
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DOI: 10.1108/OXAN-DB247562
ISSN: 2633-304X
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The disruption at Sibanye-Stillwater’s gold mines reflects wider turmoil in the gold mining sector, including a 13th consecutive month of production decline in October. Meanwhile…
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DOI: 10.1108/OXAN-DB240617
ISSN: 2633-304X
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SOUTH AFRICA: Airline vote will prompt funding tussle
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DOI: 10.1108/OXAN-ES253923
ISSN: 2633-304X
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Lonmin has spent 1.6 billion dollars in cash since 2008 and lost 98% of its value since 2012. The takeover will reportedly see 12,600 of Lonmin’s 35,000 jobs cut over three years…
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DOI: 10.1108/OXAN-DB227529
ISSN: 2633-304X
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SOUTH AFRICA: Budget gains wide investor approval
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DOI: 10.1108/OXAN-ES259794
ISSN: 2633-304X
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While details are scant, the 'social compact' reportedly includes clearer deliverables than previous recovery plans. However, fears persist over government capacity to deliver and…
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DOI: 10.1108/OXAN-DB256532
ISSN: 2633-304X
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ZAMBIA: Mining slowdown will worry government
However, cuts to the social grants budget and a continued focus on the planned three-year wage freeze for civil servants has annoyed (among others) the ruling ANC's ‘Tripartite…
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DOI: 10.1108/OXAN-DB259790
ISSN: 2633-304X
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SOUTH AFRICA: SAA funds would undermine wider agenda
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DOI: 10.1108/OXAN-ES256370
ISSN: 2633-304X
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SOUTH AFRICA: Unemployment crisis unlikely to subside