The last time Exxaro Resources publicised a shift in strategy, it provided so little detail that the market heavily punished the firm’s shares. That was in 2018 when CEO Mxolisi Mgojo articulated plans to move into food and water security – a major shift for one of SA’s largest coal producers.
The company later clarified the strategy would be backed by only modest investments, but Mgojo remembered the criticism he received. He subsequently toldThat day arrived on 20 September. During a “capital markets” presentation , Exxaro CEO-designate Nombasa Tsengwa said the group would target acquisitions in bauxite, manganese and copper, potentially involving“lumpy” investments.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
WATCH: Exxaro posts double-digit earnings growthBusiness Day TV spoke to Exxaro’s CEO, Nombasa Tsengwa
La source: BDliveSA - 🏆 12. / 63 Lire la suite »
Transnet strike, derailment cost Exxaro half a million tons of export sales | BusinessExxaro Resources may have lost as much as R2 billion in export sales as a result of the Transnet wage strike and derailment on the coal export line. | News24_Business _Business No one cares about corporate profits.. 🤷🏾♂️ _Business Where’s the coal going? China? They can burn it but we can’t 😇
La source: News24 - 🏆 4. / 80 Lire la suite »
Eskom paid Exxaro R9.7 billion in penalties on Medupi coal contract | BusinessEskom, which is struggling to find cash to keep its generators running, paid billions of rand in penalties on a coal contract at one of its newest plants. | News24_Business _Business Don't you think that there is something fishy here? Exxaro is a BEE company. No wonder they got paid billions in penalties. They all involved in the gravy train. Brian molefe, koko, the whole bloody lot _Business I can't explain how you make me feel right now the joy in me is unbelievable I have made over $118,000 for the past a month through the help of obrikihenry1 _Business Payed it to who this is the corrupt circle of this government create a problem than pay and so the money go they pockets its becoming a normal thing everyone blamed the guptas but still the corruption are going on even more
La source: News24 - 🏆 4. / 80 Lire la suite »