AngloGold Ashanti, with gold production of approximately 4m oz, is the world’s third-largest gold producer by production, with a presence in exploration, mining and marketing. Headquartered in Johannesburg, AngloGold Ashanti has 21 operations...
Often referred to as the Rainbow Nation, South Africa has a heterogeneous population which reflects its rich and sometimes turbulent history. The country has been known as a centre for gold and ivory trading since as long ago as 12,000 AD, with established trade routes to both India and China. By the mid-1600s, it had become a useful staging...
Just as a middle class has emerged in South Africa over the past decade, consumer debt has become a central feature of the retail banking market. While household wealth has risen significantly since 1994, reaching R3.5trn ($426.65bn) by 2012, indebtedness has accelerated too. By November 2012 the system counted some 19.6m active individual...
With a long-established track record as the continent’s largest financial platform and one of the world’s biggest mining producers, South Africa has significant economic clout in the region. However, industrial strife and policy uncertainty have become key sources of investor concern of late. Recent years of slowing growth have failed to make...
Since the end of apartheid in 1994, South Africa has come a long way. Indeed, the Rainbow Nation is a symbol of what other continental economies aspire to, with a liberalised economy, a comparatively robust democracy, a free media and the potential for socioeconomic mobility. However, the challenges the country faces, which range from an...
COUNTRY PROFILE Facing the future: Old traditions merge with modern life in this resource-rich land POLITICS Democracy in transition: Becoming one of the most successful countries on the continent Interview: President Jacob Zuma Viewpoint: Fernando Damata Pimentel, Brazilian Minister of Development A century of service: The 100th...
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