bably be re-elected as chairman of the ANC, and thus remain as president, he is likely to face sharp criticism for the government's handling of the Lonmin mine disaster this past August and the country's weak economic performance. Thirty-four miners were killed by the police and at least 78 people were

se of the year, as companies look to repair balance sheets. The first wave of rights issues were seen in 2015 with the under pressure PGM producers Lonmin and Impala first out of the starting blocks. The crescendo of activity in the sector is likely to mark the bottom, and as long as the balance she