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South Africa
Pretoria sets out to reshape ArcelorMittal South Africa's ownership

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South African Minister for Trade and Industry Parks Tau during the G20 summit in Johannesburg on 23 November 2025.
South African Minister for Trade and Industry Parks Tau during the G20 summit in Johannesburg on 23 November 2025. © Jemal Countess/UPI/MaxPPP

The takeover strategy for the Luxembourg-based group's steelworks provides for the swift involvement of Black entrepreneurs. This does not however necessarily include Likamva Resources, although it has held a stake in the company for almost ten years.

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