Mail & Guardian
Mail & Guardian
global economic downturnlatest 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)
ANGLO AMERICAN

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
5 min read