Tag: Kumba Iron Ore
Kumba Iron Ore has released its interim results, reporting a 17 per cent drop in interim earnings due to the impact of COVID-19 on output and sales.
Kumba Iron Ore released its annual earnings which soared to R16 billion from R9 billion the year before but there are growing concerns around the coronavirus and the impact it will have on the company. Kumba Iron Ore CEO, Themba Mkhwanazi joins CNBC Africa for more.
Kumba Iron Ore reported a huge 239 per cent jump in half-year earnings. The mined minerals group is still on track to beat its R700 million cost-savings target for the year. CNBC Africa's Kopano Gumbi filed this report.
Increased procurement from local suppliers is one of the demands government has made to mining companies in the newly released mining charter. JSE listed Kumba Iron Ore has been at the forefront of black economic empowerment but what about local supplier development? Themba Mkhwanazi, CEO of Kumba Iron Ore joins CNBC Africa for more.
We look forward to a pro-investment Mining Charter – Kumba CEO