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 9AM English South Africa Investing · Business News

Other recent episodes

BNC#8: Donald Mackay Q&A - The shocking truth about South Africa’s missing billions

Donald MacKay pulls back the curtain on 40 "slush funds" draining billions from South African taxpayers without oversight. From the opaque Black Industrialists Fund to the staggering R43 billion automotive subsidy, MacKay reveals why a Mercedes-Benz costs R300,000 more at home than in Manhattan. Discover how decentralisation, the BRICS alliance,…
8 Apr 9AM 33 min

Garth Brook: “Crocodile-eating” attorney needed to fight the Public Protector

In this interview with Chris Steyn, Garth Brook, the founder of River Rangers in Clarens, details his five-year battle with the Public Protector to ensure outstanding salaries are paid for a community-based programme that - at its height - employed over 180 people in one of the country’s most poverty-stricken…
8 Apr 9AM 16 min