The junior empowerment partner in a chrome joint venture with Glencore says 2023 is likely to be a challenging year
Merafe Resources, the junior empowerment partner in a chrome joint venture with Glencore, lowered its dividend as the war in Ukraine triggered high inflation and added to supply chain constraints, pushing up costs.
The total dividend of the company, valued at R3.42bn on the JSE, was 13.8% lower year on year at R625m for the year to end-December, while net profit fell 15.8% to R1.41bn...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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.
South Africa, UAE offer to host peace talks between warring Russia, UkraineSouth Africa, UAE offer to host peace talks between warring Russia, Ukraine: South Africa and the United Arab Emirates have offered to host IPU-facilitated peace talks between Ukraine and Russia in an effort to end the war in the region.
Read more »
South Africa, UAE offer to host peace talks between warring Russia, UkraineSouth Africa and the United Arab Emirates have offered to host IPU-facilitated peace talks between Ukraine and Russia in an effort to end the war in the region.
Read more »
South Africa, UAE offer to host peace talks between warring Russia, UkraineSouth Africa and the United Arab Emirates have offered to host IPU-facilitated peace talks between Ukraine and Russia in an effort to end the war in the region.
Read more »
SA offers to host Ukraine-Russian parliamentary peace talks | News24South Africa, together with the United Arab Emirates, has offered to host the Inter-Parliamentary Union facilitated peace talks between Ukraine and Russia in an effort to find a 'negotiated settlement' to end Russia's invasion of Ukraine. | gerbjan
Read more »
South Africa, UAE offer to host peace talks between warring Russia, UkraineSouth Africa and the United Arab Emirates have offered to host IPU-facilitated peace talks between Ukraine and Russia in an effort to end the war in the region.
Read more »
Black Sea grain deal extended, Turkey and Ukraine say - SABC NewsA deal allowing the export of Ukrainian grain from Black Sea ports that was due to expire on Saturday has been renewed, Turkey’s President Tayyip Erdogan said, while a Ukrainian government minister said the extension had been agreed for 120 days.
Read more »