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The Money Show: Kumba Iron Ore Reports 21% Revenue

Author
Radio 702
Published
Tue 18 Feb 2025
Episode Link
https://omny.fm/shows/the-money-show/the-money-show-kumba-iron-ore-reports-21-revenue

Stephen Grootes speaks to Kumba CEO, Mpumi Zikalala about Kumba Iron Ore's full-year earnings, which saw revenue fall 21% and adjusted ebitda decline 38% due to lower iron ore prices, weaker sales, and a stronger rand.

In other interviews, Warren Ingram, a financial advisor and Co-Founder of Galileo Capital, on whether owning a home is a smart investment or a long-term liability, particularly for those nearing retirement.

 

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