Afrimat proceeds with R116m dividend payment

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

South Africa Headlines News

Group had delayed decision for its year to end-February due to Covid-19 uncertainty

The Afrimat quarry in Greenbushes, Port Elizabeth. Picture: DARYN WOOD

Higher iron-ore prices helped group profits to rise more than 50% in its year to end-February. The group said in May a ramp-up in infrastructure spending in SA could benefit its quarrying business, in which it is already experiencing an improvement in demand.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SANParks is looking for help culling 590 ostrich and 1,400 warthog – no trophy hunters pleaseSANParks is looking for help culling 590 ostrich and 1,400 warthog – no trophy hunters please | BISouthAfrica
Source: News24 - 🏆 4. / 80 Read more »

Political interference mounts over SABC retrenchmentsThe SABC is facing political pressure to suspend its planned retrenchments of about 600 employees, despite the public broadcaster facing a bleak future with R1.2-billion projected loss for the 2020-21 financial year, ⁦jikat⁩ reports.
Source: mailandguardian - 🏆 2. / 92 Read more »

JUST IN | 2 shot dead after storming a church in Centurion to rob congregants | News24Two people have been shot dead in a church in Centurion after they allegedly stormed in during a service and proceeded to rob the congregants at gunpoint. | AlexMitchley
Source: News24 - 🏆 4. / 80 Read more »

Santam to begin relief payments for virus-hit firmsSince the lockdown was implemented, insurers have rejected business-interruption claims
Source: BDliveSA - 🏆 12. / 63 Read more »

Sassa grant payments to start on 3 August with older personsSassa urged recipients not to withdraw their grants on the first day due to Covid-19.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

Ma’s second IPO set to be world's richest this yearAnt Group, formerly Ant Financial, provides mobile payments services across China and further afield, with 1-billion user
Source: SundayTimesZA - 🏆 47. / 51 Read more »