The steelmaker’s privatisation was the death knell for the country’s manufacturing industry
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Kumba and Anglo Platinum are sitting in a sweet spot but it remains to be seen how long it will last
Kumba’s chief executive officer Ras Myburgh will resign from his position to begin a secondment with Eskom for two years. ”He will be assuming the important responsibility of advising the utility on its long-term coal sourcing strategy, and its implementation for all of Eskom’s power stations, ” Kumba said in a statement.