Business Wrap

Zuma sacks Nene… Anglo American shares tumble... SABMiller faces R6bn lawsuit…

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Most read, most talked about business articles of the past week:

1.

Black Like Me founder Herman Mashaba - who has offered himself as DA mayoral candidate for Johannesburg – discusses the sacking of Nhlanhla Nene as Finance Minister.

2.

Anglo American’s share price tumbled from R539 in 2008 to just over R70 today.

3.

SABMiller and its subsidiary, Amalgamated Beverage Industries (ABI), are facing a R6-billion lawsuit by 150 owner drivers whose contracts were scrapped over the last five years.

4.

Anglo American will sell more mines and cut dividends, in what CEO Mark Cutifani called an "aggressive restructuring" to cope with the global downturn in commodity prices and demand.

5.

I was wrong not to worry about SA's finances,” says The Economist Africa Editor Jonathan Rosenthal.

6.

3 analysts (and former GP Premier Mbhazima Shilowa) discuss new Finance Minister David van Rooyen.

7.

Former Reserve Bank Governor Professor Tito Mboweni on if he believes Government will protect the Chapter Nine institutions (e.g. Public Protector, Auditor-General, IEC, etc.).

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Read More
Black Like Me founder Herman Mashaba on the sacking of Finance Minister Nene

Black Like Me founder Herman Mashaba on the sacking of Finance Minister Nene

The Money Show’s Bruce Whitfield interviews Herman Mashaba, Entrepreneur and Chairman of Lephatsi Investments.

3 analysts (and former GP Premier Mbhazima Shilowa) discuss new Finance Minister

3 analysts (and former GP Premier Mbhazima Shilowa) discuss new Finance Minister

Listen to Mbhazima Shilowa, Business Day's Songezo Zibi, Citadel’s Dr Adrian Saville and Alexander Forbes' Edward Kieswetter.

I was wrong not to worry about SA's finances – The Economist Africa Editor

I was wrong not to worry about SA's finances – The Economist Africa Editor

The Economist's Africa Editor used to have confidence in the SA Reserve Bank and Finance Ministry. “I was wrong,” he now says.

Tito Mboweni on if Govt will safeguard Public Protector, Auditor-General, IEC...

Tito Mboweni on if Govt will safeguard Public Protector, Auditor-General, IEC...

Former SARB Governor Tito Mboweni discusses whether or not he thinks Government will protect the Chapter Nine institutions.

Anglo American share price tumbles from R539 in 2008 to just over R70 today

Anglo American share price tumbles from R539 in 2008 to just over R70 today

Anglo American’s share price peaked at R539 on 20 June 2008. Today it’s worth less than 13% of that.

Anglo American to sell more mines and cut dividends – Business Day

Anglo American to sell more mines and cut dividends – Business Day

Anglo American is aggressively restructuring to cope with the global downturn in commodity prices.

SABMiller and ABI face R6bn lawsuit - report

SABMiller and ABI face R6bn lawsuit - report

SABMiller and its subsidiary, Amalgamated Beverage Industries (ABI), are reportedly facing a lawsuit by 150 owner drivers whose contracts were scrapped.

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