Tue, 28-Jun-2022

South Africa

Sibanye-Stillwater Expects First-half Profit on High...

South Africa’s Sibanye-Stillwater expects to swing to a profit in the first half of 2020, boosted by higher precious metals prices and a weaker rand currency, the miner said on Friday, sending its shares up ... August 14, 2020 9:44 am By Neha Mule

South Africa’s Gold Fields Sees 300% Profit Rise o...

South African miner Gold Fields said on Wednesday booming gold prices could drive up half-year profits by more than 300%, triggering a 10% rally in its shares. Gold Fields has already said the COVID-19 ... August 5, 2020 11:19 am By Neha Mule

South Africa’s Vodacom Appoints Mdlalose as Interi...

Vodacom Group executive director Sitho Mdlalose will be appointed interim group chief financial officer from July 1, the South African mobile operator said on Friday. Mdlalose is replacing Till Streiche... June 26, 2020 12:46 pm By Neha Mule

MTN to Launch 5G Network in South Africa Next Week

Mobile operator MTN Group will launch its 5G commercial network in South Africa next week, joining Vodacom Group and Rain in the race to expand fifth-generation technology in the country. The firm said ... June 24, 2020 1:22 pm By Neha Mule

New Development Bank Provides South Africa with $1 B...

The New Development Bank established by the BRICS group of emerging nations has approved a $1 billion COVID-19 emergency loan to South Africa to help reduce the socio-economic impacts of the pandemic, the Nati... June 20, 2020 10:46 am By Neha Mule

S. Africa’s Amplats Targets Mines at 75-80% Capaci...

Anglo American Platinum expects to bring its mining production back up to 75% to 80% of capacity by the end of this year as South African mines recover from a forced COVID-19 shutdown, CEO Natascha Viljoen sai... June 18, 2020 10:00 am By Neha Mule

South African Miners Seek Return of Foreign Minework...

South Africa’s mining industry is in talks with the government about allowing foreign miners to return to work, the Minerals Council said to Reuters on Thursday, as output ramps up after the easing of corona... June 4, 2020 4:28 pm By Neha Mule

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