Finance
Comprehensive finance information. The latest market data and investing news.
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Nov- 2020 -2 Nov
AngloGold doubles dividend payout ratio as rally boosts cash
AngloGold Ashanti Ltd. will double its dividend payout ratio after gold prices surged this year and the company’s borrowings fell to…
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Oct- 2020 -29 Oct
Tough MTBPS clear on depth of economic crisis
The Minerals Council South Africa believes that Finance Minister Tito Mboweni has delivered a Medium Term Budget Policy Statement (MTBPS)…
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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,…
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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…
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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…
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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…
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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…
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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…
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