News Leader
WATCH: Why Kumba’s shareholders have reason to smile
Kumba Iron Ore CEO Themba Mkhwanazi talks to Business Day TV about the group’s annual performance
24 February 2021 - 08:51
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%...
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