Anglo American, one of the world’s largest mining companies, is contemplating further cost reductions as it navigates through the toughest economic downturn in years. The company is facing challenges due to a sharp drop in commodity prices and a slowdown in global demand. Despite these obstacles, Anglo American remains committed to finding innovative ways to streamline operations and improve efficiency.
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Severe lived poverty is surging in many African homes, new Afrobarometer Pan-Africa Profile shows
The latest Afrobarometer Pan-Africa Profile reveals that the share of Africans experiencing severe material deprivation has reached its highest level in 25 years, with most countries losing gains in poverty reduction achieved in the early 21st century. The report, based on data from 39 African countries, suggests that increased corruption may be contributing to resurgent poverty. Majorities report lacking cash income, medicine, food, clean water, and cooking fuel, with rates of severe lived poverty affecting...
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