BizNews BizNews Radio

Volker Schütte: Hulamin has suffered a staggering loss of R2.5bn over the last decade

Loading player...
BizNews founder Alec Hogg speaks to Volker Schütte about what Schütte had to say at the virtual Hulamin AGM regarding the company's staggering loss of approximately R2,5bn over the last 10 years. Schütte has been been in the aluminium industry in South Africa, Shanghai, Singapore, Panama and Germany since 1985. As a shareholder in Hulamin, Schütte poses critical questions to Richard Jacob, the chief executive of Hulamin - who has presided over the massive destruction of Hulamin's value over the last 10 years. Market commentator David Shapiro also joins the discussion with his insight. - Nadya Swart Learn more about your ad choices. Visit megaphone.fm/adchoices
4 Sep 2020 6AM English South Africa Investing · Business News

Other recent episodes

BizNews Edge: Stranger than fiction - Jooste's consigliere meets ET-type end

Today's BizNews Edge covers three stories that cut to the heart of South African business and politics. John Steenhuisen has broken publicly with the DA, naming Geordin Hill-Lewis and Tony Leon in allegations that threaten serious damage to the party just months before the 2026 municipals. Prosus, once a byword…
29 Jun 5AM 24 min

Criminalising corporate silence with Wendy Addison

South Africa's first high-profile whistleblower Wendy Addison is done talking shop. She's raised a criminal docket against a corporation and its directors for silencing two financial industry whistleblowers — and she thinks it could be a watershed moment. Can personal criminal accountability finally give whistleblower protection real teeth?
29 Jun 3AM 23 min

BN Daybreak: Strait of Hormuz showdown as US and Iran head back to Doha

Vessels are still threading the Strait of Hormuz, but a Bloomberg analyst calls it Schrodinger's Strait: you never know if it's open until you try to get through. With traffic down to a fraction of normal and ships taking hits, owners are weighing whether the world's most vital oil route…
28 Jun 9PM 15 min
All episodes