Higher metal prices boosted African Rainbow Minerals, despite the Covid-19 pandemic.
Patrice Motsepe-chaired African Rainbow Minerals is proceeding with a R1.5bn final dividend payout, boosted by higher iron ore and platinum group metal prices amid the Covid-19 pandemic.
ARM also benefited from a weaker rand, with the average realised rand falling by 11% against the dollar.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
HomeChoice holds on to dividend amid Covid-19 uncertaintyRetail and financial services group that has managed to generate a healthy cash pile opts for caution
Read more »
Supersport pay the price after two penalty misses, go down 2-1 to Orlando Pirates.SuperSportFC squandered two penalties as they handed orlandopirates their first win since the Absa Premiership season restarted. | IOLsport
Read more »
Zandile Gumede: Outrage over suspension on full payIFP, DA up in arms after ex eThekwini mayor, provincial deputy chairperson to receive salaries.
Read more »
Oil inches higher on global stimulusBrent is set to close out August with a fifth successive monthly price rise
Read more »
Tshwane freezes salaries of 7,000 unverified municipal workersBut unions say all salaries must be paid until the verification process is complete, and that not paying salaries is illegal
Read more »
Fibre operators muscling out internet service providersSupplying both services means the companies hamper healthy competition, which affects pricing and delivery
Read more »