Olivia Kumwenda-Mtambo
- Indexed articles, last 90 days
- 7
- Latest publication
- Aug 27, 2026
- Outlet visibility, for CNBC Africa
- Top 500K sites
- Earliest in this view
- Jul 29, 2026
Latest articles
South Africa’s Harmony raises dividend after profit surge | CNBC Africa (opens the original)
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JOHANNESBURG, Aug 27 (Reuters) – Harmony Gold posted an 87% rise in annual profit on Thursday, as higher gold prices helped offset the impact of lower output and grades, allowing the miner to pay a record dividend. Harmony, South Africa’s biggest gold producer, which also has an interest in copper, said its headline earnings per share came in at 43.63 rand ($2.73) in the year ended June 30, up from 23.37 rand in the prior year. It said it will pay an annual dividend of 7.50 rand per share, nearl
South African miners accelerate shift to renewable power to cut Eskom reliance | CNBC Africa (opens the original)
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JOHANNESBURG, Aug 26 (Reuters) – South Africa’s mining firms are accelerating investment in renewable energy as they seek to diversify power sources, cut costs and meet decarbonisation targets, marking a shift after decades of reliance on state utility Eskom. Anglo American and Sibanye Stillwater are among the firms reducing their dependence on a national grid dominated by ageing coal-fired power plants that has struggled in recent years to keep Africa’s most advanced economy running. However, e
South Africa’s Northam Platinum invites more potential suitors after unsolicited offer | CNBC Africa (opens the original)
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JOHANNESBURG, Aug 25 (Reuters) – Northam Platinum said on Tuesday it was inviting potential suitors to a competitive bidding process after receiving an unsolicited offer for a transaction from an unnamed major South African platinum miner. South Africa’s fourth-largest platinum group metal miner said in a statement it had recently been approached for a potential unspecified “asset-level” or “corporate” transaction.
Gold Fields flags Ghana licence risk as half-year profit surges | CNBC Africa (opens the original)
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JOHANNESBURG, Aug 25 (Reuters) – Uncertainty over the renewal of Gold Fields’ mining leases in Ghana is weighing on the company’s valuation, its CEO said on Tuesday, as the South African miner posted an 81% jump in half-year profit, driven by higher gold prices and output. Gold Fields’ Tarkwa mine leases in Ghana expire in April 2027 and the company said it was yet to receive formal responses to its renewal application submitted in November 2025. It said on Tuesday “there remains uncertainty as
Exxaro half-year earnings down 20%, ramps up solar output | CNBC Africa (opens the original)
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JOHANNESBURG, Aug 20 (Reuters) – South African diversified miner Exxaro Resources reported on Thursday a 20% drop in half-year earnings, as production costs rose and a stronger rand eroded revenue from commodities priced in U.S. dollars. Exxaro posted headline earnings per share of 13.77 rand ($0.855) in the six months to June 30, versus 17.24 rand in the year-earlier period. The company said mining input costs rose on the back of the Middle East conflict, which disrupted global supply chains an
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