Global Economic Downturn

latest news & developments

Major corporations in the mining and steel production industries, including Anglo American, Sibanye Stillwater, and ArcelorMittal South Africa, have reported reduced output and profitability because of higher operational costs and declining global demand for raw materials.(Madelene Cronje)

Strain on smaller businesses now affecting larger enterprises

Urgent relief is needed to stop the spread of financial ruin to bigger firms and avoid economic sector turmoil

James Maposa