Diversified Royal Bafokeng keeps its platinum roots

In a surprise move, Royal Bafokeng Holdings (RBH) shunned an Impala Platinum (Implats) takeover and has cut a R17-billion deal with Northam Platinum to buy its mining assets. 

The transaction keeps RBH firmly rooted in platinum — the source of the Royal Bafokeng nation’s wealth — but still allows the community’s investment arm to make good on its promise to insulate its shareholder from the sector’s wild swings.

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Sarah Smit
Sarah Smit
Sarah Smit is a general news reporter at the Mail & Guardian. She covers topics relating to labour, corruption and the law.

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