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South African executive Mpumi Zikalala led-Kumba Iron Ore to reward shareholders with $347 million

Summary by Billionaires.Africa
Key PointsKumba Iron Ore declares an R19.9 ($1.08) per share final dividend totaling R6.41 billion ($347.71 million) for 2024, despite logistics challenges and lower iron ore prices.Revenue fell 20.53% to R68.53 billion ($3.72 billion), impacted by logistics issues and lower iron ore prices.CEO Zikalala highlights cost-saving measures and technological investments for long-term growth.Kumba Iron Ore, the world’s fifth-largest iron ore supplier l…
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South African executive Mpumi Zikalala led-Kumba Iron Ore to reward shareholders with $347 million

Key PointsKumba Iron Ore declares an R19.9 ($1.08) per share final dividend totaling R6.41 billion ($347.71 million) for 2024, despite logistics challenges and lower iron ore prices.Revenue fell 20.53% to R68.53 billion ($3.72 billion), impacted by logistics issues and lower iron ore prices.CEO Zikalala highlights cost-saving measures and technological investments for long-term growth.Kumba Iron Ore, the world’s fifth-largest iron ore supplier l…

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Billionaires.Africa broke the news in on Wednesday, February 19, 2025.
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