ArcelorMittal South Africa Shuts Long-Steel Operations
ArcelorMittal's South African unit to end long-steel production, risking 3,500 jobs and causing a 15% share price dip. Stay updated on this impactful industry shift.
Topic
South Africa
A collection of 11 issues
ArcelorMittal South Africa's Loss Per Share Set to Deepen
ArcelorMittal South Africa anticipates a significant widening in its loss per share. Stay updated on the latest financial forecasts and market impacts.
South Africa's Steel Industry Struggles Amid Cheap Chinese Imports
Explore the challenges facing South Africa's steel industry, including deteriorating markets and cheap imports from China, impacting local production.
ArcelorMittal SA to Close Long-Steel Products Business, Threatening 3,500 Jobs
ArcelorMittal South Africa Ltd. announces closure of its long-steel products division, endangering 3,500 jobs as the company restructures operations.
Ackerley Seeks New Deal Backed by South Africa's Sports Minister
Ackerley aims for a new deal with the backing of South African sports minister Gayton McKenzie. Discover how this collaboration could impact the sports sector.
Ackerley Sports Group's Exclusivity Ends for Springboks Stake
Ackerley Sports Group's exclusive bid for a 20% stake in South Africa’s Springboks commercial rights has concluded. Learn about potential new bidders now.
South Africa's Low Inflation Opens Door for Rate Cuts
Discover how South Africa's low annual inflation rate could lead to interest rate cuts, supporting the rand. Stay updated on South Africa's monetary policy.
Surge in South Africa's 2024 Investments Bolsters Economy
Explore how significant investment projects in South Africa in 2024 are boosting economic activity and strengthening the currency. Discover key insights now.
South Africa's Rand Shines in 2024 Emerging Markets
Discover how South Africa's rand became a top 5 emerging-market currency in 2024, even with a 2% year-end decline. Explore its performance and trends.
UK and Germany Advise Against Travel Amid South Africa's Border Security Surge
Explore the latest travel advisories from the UK and Germany amid growing unrest in South Africa, which is ramping up its border security. Stay informed and safe.