Finance
Comprehensive finance information. The latest market data and investing news.
- Oct- 2020 -15 Oct
Standard Bank lending to fossil fuel industries stands at $4 billion
Standard Bank, Africa’s largest lender by assets, has 67.4 billion rand ($4 billion) in loans and commitments to the coal,…
Read More » - Aug- 2020 -27 Aug
Sibanye-Stillwater back in profit in first half on higher metals prices
Sibanye-Stillwater on Thursday reported a half-year profit boosted by higher precious metals prices and a weaker rand currency. The precious…
Read More » - 20 Aug
Gold Fields profit jumps on surging bullion prices
South African miner Gold Fields reported a four-fold jump in half-year earnings on Thursday, benefiting from a surge in the…
Read More » - 20 Aug
Implats flags more than 300% earnings leap
South African miner Impala Platinum (Implats) on Thursday flagged a more than 300% surge in annual earnings, boosted by an…
Read More » - 17 Aug
Sasol swings to $5.3 billion annual loss on lower oil prices, writedown
South African petrochemicals group Sasol reported an annual loss on Monday, hit by a writedown of 111.6 billion rand ($6.43…
Read More » - 6 Aug
Glencore scraps $2.6 billion dividend after first-half loss
Glencore became the first major mining company to scrap its dividend, saying on Thursday the economic outlook was too uncertain…
Read More » - Jul- 2020 -30 Jul
ArcelorMittal South Africa falls deeper into half-year loss as steel demand falls
Steel producer ArcelorMittal South Africa Ltd. fell deeper into a half-year loss as demand for steel dropped due to the…
Read More » - 28 Jul
Kumba Iron Ore’s interim earnings fall on lower sales and lockdown
South Africa’s Kumba Iron Ore Ltd. on Tuesday reported a 17% drop in interim earnings due to the impact of…
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