EDITOR’S LUNCHBOX: Farm ownership by black South African higher than thought
23 July 2018 - 12:17
byRobert Laing
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The good news is black ownership of South African farms is higher than the government’s land reform figures indicate once private market transactions are included. The bad news is a growing debt problem for new farmers.
By using Naspers’s high-voting, unlisted A shares, its directors secured the critical 75% backing for their remuneration policy at the 2017 AGM, overriding the 70% of publicly traded N shareholders opposed it.
Anglo American is among the first big mining companies to report earnings, and investors — who have been raking in big returns from the mining industry — will be keenly watching out for news on Thursday about the company’s interim dividend plans, as well as the status of approval for a new $6bn copper mine in Peru.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
EDITOR’S LUNCHBOX: Farm ownership by black South African higher than thought
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The good news is black ownership of South African farms is higher than the government’s land reform figures indicate once private market transactions are included. The bad news is a growing debt problem for new farmers.
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Anglo American is among the first big mining companies to report earnings, and investors — who have been raking in big returns from the mining industry — will be keenly watching out for news on Thursday about the company’s interim dividend plans, as well as the status of approval for a new $6bn copper mine in Peru.
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