|Bid||15,000.00 x 0|
|Ask||16,200.00 x 0|
|Day's Range||14,971.00 - 15,477.00|
|52 Week Range||90.25 - 16,238.00|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||886.05|
|Earnings Date||Mar 1, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||160.44|
South African billionaire Patrice Motsepe said on Monday that he would not buy any assets which struggling state power firm Eskom puts up for sale, in response to speculation that he was eyeing an Eskom financial subsidiary. President Cyril Ramaphosa, who is Motsepe's brother-in-law, this month unveiled a plan to split Eskom into three units to boost efficiency, which some analysts see as a path to privatising the utility. "I have never supported the privatisation of Eskom or the sale of any of its entities or assets," Motsepe said at a news conference.
A lawyer acting for nearly half a million miners who contracted fatal lung diseases silicosis and tuberculosis in mines said an out-of-court settlement was expected to be signed on Thursday with those gold companies implicated in the issue. The High Court in 2016 set the stage for protracted proceedings on cases dating back decades in the largest class action suit yet in Africa’s most industrialized country. "Barring unforeseen circumstances, we expect to sign the silicosis agreement with the gold industry tomorrow (Thursday)," Richard Spoor told Reuters on Wednesday.
The eastern limb of South Africa's platinum belt has been hit by over 400 incidents of social unrest impacting mining operations since the start of 2016, according to data compiled by Anglo American Platinum (Amplats) and provided to Reuters. The restive region in the country's northeast has been a flashpoint of violence rooted in community grievances over jobs, revenue flows and conflict between rival unions that threatens production in the world's top producer of the precious metal.