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Anglo eyes R20bn in annual cost savings

Sikonathi Mantshantsha - Diversified miner Anglo American says it's looking to cut about R20 billion in annual costs in order to get itself through some potentially lean years.. ....

United States , Sikonathi Mantshantsha , Anglo American ,

Work on mammoth Umzimvubu Water Project well under way

After unfulfilled promises spanning decades, the construction of the multibillion-rand Umzimvubu Water Project is well under way, with the first phase of the work more than 80% complete. But residents of the OR Tambo, Alfred Nzo and Joe Gqabi district municipalities will have to wait for about six years before they can access water from the project. ....

Eastern Cape , South Africa , Tsitsa River , Umzimvubu Water Project , Comment Policy , Oscar Mabuyane , Joe Gqabi , Alfred Nzo , Or Tambo , Umzimvubu River , Umzimvubu Water Project , Ntabelanga Dam , Laleni Dam , Mount Fletcher , Port St Johns , Indian Ocean , Eastern Cape , Ispatch Live In Eastern Cape , East London ,

SA unit trust industry suffers R20bn asset drop

Garth Theunissen - South African Collective Investment Schemes (CIS), commonly known as unit trusts, saw the combined value of their assets drop by R20 billion in the third quarter. ....

South Africa , South African , Garth Theunissen , African Collective Investment Schemes ,