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Vol 50 No 14

Published 10th July 2009

South Africa

Anglo American seeks fresh capital

The future ownership of mining giant Anglo American is crucial for South Africa, but any deal must suit the ANC government and the unions

Anglo American, the huge mining conglomerate, is no longer strictly a South African company since it moved its headquarters and main stock-market listing to London in 1999. Yet the company's future is still entwined with that of South Africa, where it dominates the mining of gold and other minerals that make the country's fortune. In both the company and the nation, forces are at work which strain the relationship.

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