• Nene's SAA nemesis

    No political figure seems to have the guts to speak out against Dudu Myeni, says Solly Moeng.

  • The mp3 revolution

    Ian Mann takes a look at the war between digital music and the compact disc.

  • Don't take us for fools

    It's time for businesses to stop thinking consumers are gullible, says Mandi Smallhorne.

All data is delayed
See More

Sarb to manage Anglo/De Beers inflows

Nov 10 2011 17:03

Company Data


Last traded 89
Change -7
% Change -7
Cumulative volume 6402489
Market cap 0

Last Updated: 25-11-2015 at 05:00. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Anglo to buy Oppenheimer's De Beers stake

De Beers signs $2bn debt deal

Anglo copper production falls

Kumba boosts Q3 output

Sick miners sue Anglo in London court bid

End of an era at De Beers

Pretoria - The South African Reserve Bank (Sarb) will "manage" any inflows related to a $5.1bn deal between Anglo American and De Beers to mitigate any impact on the rand, it said on Thursday.

"If they come in we will look at managing them like any other flows," Sarb governor Gill Marcus said when asked if the deal would have any impact on the rand.

Global miner Anglo American [JSE:AGL] is set to take control of De Beers, buying out South Africa's Oppenheimer family in a deal that ends the dynasty's direct links to the diamond business after almost a century.
rand  |  diamonds  |  anglo amercian  |  de beers


Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Company Snapshot

We're talking about:


Marketing is a big concern in SA's small business community, followed by a lack of confidence and partnering with the wrong people, according to a survey.

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

The 25 basis points interest rate increase is:

Previous results · Suggest a vote