'Mining is SA's get out of jail free card' - Steven Nathan

Mining took center stage in most of today’s discussion after our partners at Bloomberg reported that iconic South African mines are the ‘unlikely saviour’ to the ravaged South African economy. Steven Nathan, founder of 10X Investments, joined the BizNews Power Hour as our regular Tuesday co-host to discuss, among other things, the record mining-company profits that are bolstering government revenue. Nathan referred to SA mining as our ‘get out of jail free card’, but also stated that ‘it's never all good or all bad with economics.’ Another insightful topic was the accountability of auditors for not doing their job properly - particularly relevant in light of EOH going after its former directors. Learn more about your ad choices. Visit megaphone.fm/adchoices