R/€ = 18.22 Change: 0.03
R/$ = 15.37 Change: 0.05
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Pt 935.51 $/oz Change: -10.99


Business resilience is about people

By: Schalk Burger     23rd November 2020 The Covid-19 pandemic has underscored the central importance of people in enabling businesses to adapt to new challenges and ensuring that organisations remain resilient and capable of delivering value to customers. During a recent panel discussion, Central Bank of Kenya governor Dr Patrick... 

Mining industry responds well to Covid-19, but legal risks remain

By: Schalk Burger     20th November 2020 The mining industry in South Africa responded well to the new directives to prevent the spread of Covid-19 and ensure employee health, a panel of lawyers from law firm Webber Wentzel said during the firm's annual Mining Roundup seminar on November 18. "The mining industry proved adaptable and... 

Hochschild says dividend confirms confidence in outlook

By: Mariaan Webb     20th November 2020 The board of silver and gold miner, Hochschild Mining, has approved the payment of the previously suspended interim dividend, announcing on Friday that shareholders would receive a $4-a-share dividend. The company, headquartered in Peru, and listed in London, previously postponed the 2020... 

Is the supply chain profession ready to save the world?

20th November 2020 The distribution of a Covid-19 vaccine from drug makers to billions of people around the world is likely to be the supply chain management profession’s greatest endeavour ever. Healthcare supply chains that were stretched and strained during the Covid-19 pandemic with the distribution of PPE... 

Tiger Brands maintains healthy dividend standard of 670c in FY20

By: Marleny Arnoldi     20th November 2020 JSE-listed consumer brands company Tiger Brands has declared a total dividend of 670c apiece for the financial year ended September 30, despite ongoing difficulties in maintaining margins in a tough trading environment compounded by Covid-19. The company reported an 18% year-on-year decline in... 

Mali gold mine workers to go on 72-hour strike

By: Reuters     18th November 2020 The main union in Mali, which represents workers at most of the country's gold mines, said its members would launch a 72-hour strike beginning at midnight on Tuesday to push for better pay and bonuses. The National Union of Malian Workers (UNTM) says it represents 80% of unionised workers in the... 

Airlink announces route to DRC mining centre

By: Rebecca Campbell     17th November 2020 South African private-sector airline Airlink has announced that it will start operations between Johannesburg and Lubumbashi in the Democratic Republic of Congo on November 30. Lubumbashi is the capital of the DRC’s mineral-rich Haut-Katanga province, the centre of its mining industry and its... 

Feast of knowledge on offer at 2020 SAPICS conference

17th November 2020 Africa’s leading knowledge sharing and networking event for the supply chain profession, the annual SAPICS Conference, kicks off next week. While this year’s event is online due to the Covid-19 pandemic, the organisers have announced that it will still feature the same powerful mix of... 

Iata issues guidance for Covid-19 vaccine transport

By: Rebecca Campbell     17th November 2020 Against a background of pharmaceutical companies announcing breakthroughs in the development of vaccines against the Covid-19 disease, the International Air Transport Association (Iata) has issued guidance for the air cargo sector, to ensure that it was ready to handle, transport and distribute... 

Moody’s affirms AfDB’s AAA credit rating

By: Donna Slater     16th November 2020 Moody’s Investor Service has affirmed the African Development Bank’s (AfDB’s) AAA credit rating, with a stable outlook. The AAA rating from Moody’s follows earlier affirmations of the AAA rating of the bank, with stable outlook, by the other leading rating agencies, namely Fitch Ratings,... 

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