debt marketlatest news & developments
Harmony’s Kusasalethu mine. The group has priced a $500m bond to strengthen is balance sheet and diversify its funding sources.
MINING

Harmony Gold prices R8.12 billion convertible bonds due 2031

Harmony Gold will use the proceeds for general corporate purposes after pricing guaranteed senior unsecured convertible bonds carrying a 1.5% annual coupon.

  • Tawanda Karombo
3 min read
The South African economy has experienced a turbulent week, with Consumer Price Inflation (CPI) showing a decline for the first time since February. While this may signal positivity, consumers face mounting pressures from rising fuel prices and significant debt burdens.
ECONOMIC AFFAIRS

Sunday Review: Mixed signals in South Africa's economy

The South African economy has experienced a turbulent week.

  • Ashley Lechman
6 min read