AngloGold Ashanti Ltd. Chief Executive Officer Srinivasan Venkatakrishnan, appointed yesterday, is tasked with boosting value for investors in the world’s third- biggest producer of the metal, Chairman Tito Mboweni said.
Former South African central bank Governor Tito Mboweni will join Goldman Sachs Group Inc. as an international adviser on June 1. Mboweni will be based at Goldman’s Johannesburg office and provide strategic advice to the U.S. bank on business development opportunities, with a focus on South Africa and sub- Saharan Africa, the New York-based company said today in an e- mailed statement.
Tito Mboweni, who served two terms as South Africa’s first black central bank governor, said he may follow a planned investment in iron ore mining with forays into aviation and mobile communications technology businesses.
Tito Mboweni, former governor of South Africa’s central bank, said a debate about nationalizing the country’s mines is being “handled recklessly,” undermining investor confidence in Africa’s biggest economy, Business Day reported.