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.
Recommendedby NEWSROOM AI
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.
Johannesburg Metro Police's Wayne Minnar suggests alternate routes for music festival goers and soccer fans.
South African Health Products Authority chairperson Helen Rees they have done their best to train healthcare professionals.
Eyewitness News Edwin Ntshidi says members of the Economic Freedom Fighters were to hand over their memorandum.
Motorists share videos on Twitter about heavy traffic and floods on the roads.
Two members of the group joined Azania Mosaka for this week's 702 Unplugged ahead of their concert at Silverstar Casino Ballroom.
The actress says what is really powerful for her about the new show 'Queen Sono' is that the entire ark is driven by women.
Department of Health acting director-general Dr Anban Pillay explains why it was necessary to have South Africans returned.
The Economic Freedom Fighters’ (EFF) Gauteng chairperson Mandisa Mashego was reacting reports and speculation that she had recently resigned as the party's Gauteng chairperson over tensions within the party.
Should he commit another crimen injuria crime, Catzavelos would need to pay the fine or go to jail.
Dr Eve talks about the expectation of penetration and how men who suffer from erectile problems can look at sexuality differently.