While it could be argued that the Rand gains were over-extended and a reversal was possible, the big question mark hung over the US healthcare reform.
Sacks Packaging’s floor in Mobeni, south of Durban, is a constant hive of activity, where different types of paper bags, used in everything from cement to sugar packaging, are made.
South32 intends to return an additional $500m (R6.1bn) to shareholders by means of a capital management programme which complements the company’s dividend policy.