South Africa moved one step closer to the creation of a state owned steel manufacturer on Monday with the Industrial Development Corporation's ZAR 3.4 billion acquisition of Anglo American's majority stake in the Scaw Metals Group. ...
Tags: steel manufacturer, ArcelorMittal SA, IDC
South Africa's Industrial Development Corporation has finalised its 74% acquisition of steel group Scaw from Anglo American. The purchase of the ZAR 3.4 billion stake was announced in April on a debt and cash free basis. This means ...
Kumba Iron Ore Limited ("Kumba") announces the appointment of Norman Mbazima as CEO, effective 1 September 2012, following the appointment of Chris Griffith as CEO of Anglo American Platinum Limited. Mr Mbazima has been CEO of Anglo ...
Tags: Kumba Iron, Metallurgy, CEO
Kumba Iron Ore announces the resignation of Chris Griffith and the appointment of Norman Mbazima as CEO and executive director of the Company The board of Kumba Iron Ore Limited("Kumba")announces the resignation of Chris Griffith and the ...
Tags: Kumba Iron Ore, CEO, Norman Mbazima, South African