Mining is a risky business that needs long-term investment.— Henk Langenhoven, Chamber of Mines South Africa
S&P’s downgrade of South Africa’s sovereign credit rating and President Jacob Zuma’s midnight Cabinet reshuffle is bad for the mining sector, employer of 493 000 people.
Langenhoven discussed five reasons why he is worried.
For more detail; listen to the interview in the audio below.
Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.
S&P explains why it downgraded SA's credit rating to junk after an emergency meeting, instead of the scheduled review on 2 June.
Anxious The Money Show listeners are asking about the effect of the ratings downgrade their finances.
Arabile Gumede (on The Money Show) interviews ZAR-X CEO Etienne Nel.
"We know people are scared. They [ANC MPs] need to see that South Africa is behind them," says Sygnia's Magda Wierzycka.
Arabile Gumede interviews KPMG Senior Economist Christie Viljoen.
The movie stars Joburg-born actor Andreas Damm as Pistorius and Victoria Secret model Toni Garrn as Reeva Steenkamp.
Sanlam has challenged 10 of SA's biggest artists to remix their top selling songs into two minutes.
Max Price says Council on Higher Education's announcement that UKZN, UCT and UL could lose their LLB accreditation is not right.
Stephen speaks to Retired Lieutenant Colonel Martin Rupiya .
Tsogo Sun Cape regional manager explains which items are free to be taken home by guests and why.
Loo Me is a simple yet effective scented foam that takes the yuck out of "mellowing" toilets preventing multiple flushes.