Kumba Iron Ore CEO Themba Mkhwanazi. Picture: SUPPLIED
Kumba Iron Ore CEO Themba Mkhwanazi. Picture: SUPPLIED

Higher iron ore prices and favourable currency effects have put Kumba Iron Ore into a free cash flow position of about R21bn — up 21% — and that is despite production declines during the year.

Shareholders will reap of the benefits. A final cash dividend of more than R41 per share has been declared, bringing the total payout to almost R61 — up by 30%.

CEO Themba Mkhwanazi talks to Business Day TV’s Alishia Seckam to discuss the group’s annual performance in greater detail.

Kumba Iron Ore CEO Themba Mkhwanazi talks to Business Day TV about the group’s annual performance

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