Merafe’s attributable ferrochrome production from the Glencore-Merafe Chrome Venture (the Venture) was 32% higher year on year.
Royal Bafokeng Holdings has sold its 55% stake in the MB Technologies Group to Investec, with effect from 31 December 2013. This is in line with RBH’s strategy of investing in fewer, high growth sectors. Full release
[Business Day] RMB Holdings’ market value in FirstRand as of Wednesday had accelerated to about R62bn, an increase of more than R10bn compared to what it was at the end of June last year and a positive sign of a solid performance from its only investment. Full article
Royal Bafokeng Holdings (Pty) Limited (RBH) is responsible for the management and development of the commercial assets of the Royal Bafokeng Nation (RBN), with the overall business objective of maximising returns to enable the RBN to deliver sustainable benefits to the community.