EPISODE · Feb 22, 2026 · 6 MIN
Anglo’s Diamond Meltdown – Or Just a Very Expensive Mood Swing? | Maze Dive
from The Money Maze: Investing in South Africa · host Jay
Anglo American just slashed the value of De Beers by $2.3billion, marking the third diamond write-down in three years. But is this acollapse, or part of a bigger restructuring play?In this Maze Dive, we unpack the impairment, the 3.7-billion-dollarnet loss, copper’s role in holding the fort, and what this means for JSEinvestors watching Anglo in their Top 40 ETF.We cut through the drama and explain what matters: cashflow, EBITDA, asset sales, and strategic pivot.The Money Maze helps South African retail investors stopdrowning in jargon and start navigating the market like someone who knows whatthey’re doing. This is not financial advice.
What this episode covers
Anglo American just slashed the value of De Beers by $2.3billion, marking the third diamond write-down in three years. But is this acollapse, or part of a bigger restructuring play?In this Maze Dive, we unpack the impairment, the 3.7-billion-dollarnet loss, copper’s role in holding the fort, and what this means for JSEinvestors watching Anglo in their Top 40 ETF.We cut through the drama and explain what matters: cashflow, EBITDA, asset sales, and strategic pivot.The Money Maze helps South African retail investors stopdrowning in jargon and start navigating the market like someone who knows whatthey’re doing. This is not financial advice.
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Anglo’s Diamond Meltdown – Or Just a Very Expensive Mood Swing? | Maze Dive
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