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.).


This article first appeared on 702 : Zuma sacks Nene… Anglo American shares tumble... SABMiller faces R6bn lawsuit…


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

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