Karoo Resources flags 18% drop in half-year headline earnings
The diversified miner attributed the decline to weaker chrome prices and a stronger rand in a trading statement issued on Tuesday.
The diversified miner attributed the decline to weaker chrome prices and a stronger rand in a trading statement issued on Tuesday.
Approval is subject to employment undertakings and a commitment on supplier development, according to the filing.
The last-mile delivery company said the round will fund expansion into two additional metros.
The manufacturer said it has begun discussions with lenders after a weaker-than-expected second quarter.
Proceeds will be applied to debt reduction, the company said.