Implats doubles full-year profit, to pay R9.8 billion in dividends

ZIMPLATS parent company, Impala Platinum (Implats) will return a further R9.8bn to shareholders in dividends, after SA’s third-largest platinum group metals (PGMs) producer more than doubled its full-year profit amid the surge in commodity prices.

SA’s primary producers of PGMs, which are used primarily to clean the emissions of internal combustion engines, have been in the sweet spot throughout the duration of the Covid-19 pandemic as they reported bumper profits and cash flows…

-Business Day

Related Posts

MJ Sings uses fame to inspire hope at Bulawayo orphanage

Gift Moyo [email protected] AFRO-house vocalist MJ Sings has demonstrated that an artiste’s influence extends beyond the stage, using his growing profile to inspire vulnerable children through mentorship and community service.…

Watch: Local manufacturing trails despite miners sourcing 70pc of goods locally

  Nqobile Bhebhe [email protected] Zimbabwe’s mining industry is sourcing about 70 percent of its procurement requirements through local suppliers, but the country’s manufacturing sector remains underdeveloped, with only US$410 million…

Leave a Reply

Your email address will not be published. Required fields are marked *

×