MC Mining says chair Nhlanhla Nene resigned on April 26 and one of its independent nonexecutive directors, Khomotso Mosehla, on April 19
The group says the operating environment has been characterised by rising inflation and ongoing naira depreciation
The company said it experienced higher volumes, higher average selling prices, improved margins, and cost efficiencies in the period
PGM pricing remains lacklustre with notable volatility in both platinum and palladium reflecting the continued influence of investor activity
His appointment follows the forthcoming retirement of current CFO Paul Schmidt
Production for the first quarter was broadly in line with a year ago
Business Day TV talks to Jaco Human, executive director of the Industrial Gas Users Association of Southern Africa
Business Day TV spoke to chief market strategist for the World Gold Council, John Reade
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Business Day TV spoke to Business Day’s Mudiwa Gavaza
Chair Stuart Chambers said it is business as usual, having asked shareholders at the start of the AGM for no questions about the bid
Inflation and interest rates blamed for slowdown, but energy and logistics issues also an issue
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Group wants global exposure to high-growth food categories to act as buffer to local weakness
Public figures including IEC chief Sy Mamabolo have also been subject to impersonation on social media and messaging platforms
Company might talk about other strategic combinations or disposals, says analyst
The Centurion-based group has operations in SA, Africa and Australia
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The company expects HEPS of between 874c and 891c compared with 163c a year ago
Bester is a chartered accountant and holds a master’s degree in taxation
