Public Companies Archives

AngloGold Ashanti Agrees South African Asset Sale to Harmony Gold

Post published:February 12, 2020
Post category:All Business Public Companies Stocks

AngloGold Ashanti is pleased to announce that it has reached an agreement (the "Agreement") to sell its remaining South African producing assets and related liabilities to Harmony Gold Mining Company Limited ("Harmony"). Consideration for the transaction is in cash and deferred payments with expected proceeds…

Moodys upgrades Mercantile Bank two notches up

Post published:June 23, 2017
Post category:All Economy Finance Investment Markets Public Companies Stocks Trade

Moody’s upgrades Mercantile Bank two notches up despite tough economic conditions in South Africa This month, Moody’s Investors Service raised Mercantile Bank's long- and short-term national scale ratings to Baa1.za/P-2.za from Baa3.za/P-3.za. The ratings agency gave Mercantile Bank a “stable outlook in view of its…

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