Inside Your Business - Anglo Teck Merger: What SA Stands To Lose

Episode 20 March 04, 2026 00:15:46
Inside Your Business - Anglo Teck Merger: What SA Stands To Lose
Kaya Biz Inside Your Business
Inside Your Business - Anglo Teck Merger: What SA Stands To Lose

Mar 04 2026 | 00:15:46

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Show Notes

As Anglo American pushes ahead with a $60bn merger with Canada’s Teck Resources, South Africa could be on the verge of losing one of its most historic and economically significant mining giants. Duma Gqubule unpacks why the Anglo-Teck deal is far from a “merger of equals” and what it means for jobs, national resources, and South Africa’s long-term industrial strategy. With Anglo already shedding assets, cutting jobs at Kumba Iron Ore, and positioning itself to shift its centre of gravity to Canada, Gqubule argues the deal would leave SA with just one major Anglo-owned asset and possibly none in the near future.

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