Katlego Mtshali

1 month ago | bloomberg.com | Katlego Mtshali |Janice Kew

(Bloomberg) -- Tiger Brands Ltd. surged to a seven-year high after South Africa’s biggest listed food producer lifted its interim dividend and said it would also pay a special dividend after profit climbed 34%. The maker of Albany bread and Jungle Oats plans an interim dividend of 4.14 rand a share for the six months through March and a special payout of 1.8 billion rand ($100 million), or 12.16 a share, it said in a statement Wednesday.

1 month ago | bloomberg.com | Ana Monteiro |Katlego Mtshali |William Clowes

Molten copper. (Bloomberg) -- Harmony Gold Mining Co. has agreed to buy MAC Copper Ltd., enabling the top producer of South African gold to gain a further foothold in Australia and increased exposure to copper. Harmony is offering $12.25 for each MAC share, implying a total equity value for the Australian company of about $1.03 billion, the gold miner said in a statement Tuesday. The firm will use a $1.25 billion bridge facility and existing cash reserves to pay for the purchase, it said.

1 month ago | news.bloombergtax.com | Ana Monteiro |Katlego Mtshali |William Clowes

Harmony Gold Mining Co. has agreed to buy MAC Copper Ltd., enabling the top producer of South African gold to gain a further foothold in Australia and increased exposure to copper. Harmony is offering $12.25 for each MAC share, implying a total equity value for the Australian company of about $1.03 billion, the gold miner said in a statement Tuesday. The firm will use a $1.25 billion bridge facility and existing cash reserves to pay for the purchase, it said.

1 month ago | news.bloomberglaw.com | Ana Monteiro |Katlego Mtshali

Harmony Gold Mining Co. is buying MAC Copper Ltd., enabling South Africa’s top producer of the precious metal to gain a foothold in Australia. Harmony is offering $12.25 for each MAC share, implying a total equity value for the Australian company of about $1.03 billion, the gold producer said in a statement Tuesday. The firm will use a $1.25 billion bridge facility and existing cash reserves to pay for the purchase, it said.

1 month ago | flcourier.com | Akayla Gardner |Katlego Mtshali

WASHINGTON  — Dozens of White Afrikaners arrived in the U.S. from South Africa on Monday, the first beneficiaries of a controversial resettlement program that was instigated by President Donald Trump, who is meeting with South African leaders next week. The group, which includes families and their children, landed Monday afternoon at Washington Dulles International Airport  and was greeted by  U.S.  officials.