| AngloGold Ashanti's shares rallied on Friday after it declared a chunky dividend for 2019 as its free cash flow almost doubled and debt fell below its target range. The gold producer's focus on longer-life mines with the potential for higher returns is clearly working - but it's come at the expense of its local operations as it exits mining in SA. Three companies with high debt that didn't pay dividends last year are deleveraging by disposing of non-core assets. Aspen is close to reaching its medium-term target following the recent sale of its Japanese business. It expects to report results that are slightly better than expected when it publishes its interim numbers early next month. Aveng and Tongaat Hulett have a lot further to go. More on those stories in your first newsletter of the week, along with the impact of weaker commodity prices on mining holding company Assore and NEPI Rockcastle's better-than-expected full-year distribution. In The Week Ahead, Chris Gilmour provides some insight into latest market movements and what you should look out for in the days ahead, including results from Sasol, JSE Ltd. and Curro, amongst many others. Finally, Jonty Sacks, partner at Jaltech Fund Managers, explains the "fund"amentals of Section 12J investing. Follow this link to find out more. I hope you have a good week. Stephen Gunnion Managing Editor, InceConnect
Get the finance you need to advance your business to the next level Compare dozens of trusted loans - fast, at no charge. Minimum qualifying criteria: R350,000 annual turnover and at least 6 months of trading. Click here to find out how. | 