Jacob Webster

1 week ago | businesslive.co.za | Kabelo Khumalo |Jacob Webster

Funding for Anglo American’s $3.8bn (R70bn) deal to sell its steelmaking coal business to US mining house Peabody Energy has been put on hold after a March fire at a key asset in the transaction. With the next three months critical, the setback throws a spanner in the works in Anglo’s restructuring plans, testing CEO Duncan Wanblad’s ability to salvage one of the most important deals aimed at boosting shareholder returns after fending off two buyout overtures from rival BHP last year...

1 month ago | businesslive.co.za | Jacob Webster |Kabelo Khumalo

The government insists that the proposed low-cost benefit options (LCBOs) do not adequately cover low-income members of the population, arguing that the proposals would only line the pockets of medical aid schemes. This is as the multiyear fight by the Board of Healthcare Funders (BHF) to force the Council for Medical Schemes (CMS) to introduce LCBOs looks set to go down to the wire after the Pretoria high court on Tuesday ruled against it in its push to introduce the benefits in the sector...

2 months ago | businesslive.co.za | Jacob Webster |Kabelo Khumalo

LUNCH MARKETS Business Day TV spoke to Andrew Padoa, Sasfin Wealth portfolio manager

Jan 15, 2025 | businesslive.co.za | Jacob Webster |Nompilo Goba |Noxolo Majavu

SA is standing on the cusp of one its worst post-apartheid tragedies as the death toll of illegal miners at a closed mining shaft in the North West inches closer to 100. Rescuers have retrieved 78 bodies from the closed gold mine in Stilfontein, police spokesperson Athlenda Mathe told reporters on Wednesday, three days after rescue operations resumed after a court order from judge Ronel Tolmay, whose judgment on Friday appealed to both the basic human value of empathy and that of legal necessity.

Jan 14, 2025 | businesslive.co.za | Jacob Webster

Unable to earn a home round of 16 Champions Cup clash, the teams will have to carefully weigh priorities