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flag Ntsimbintle Holdings will distribute R11 billion to shareholders after selling its manganese business, prioritizing returns over new acquisitions.

flag Ntsimbintle Holdings, led by Saki Macozoma, will distribute R11 billion in proceeds from selling its manganese business to Exxaro to shareholders instead of reinvesting in new acquisitions. flag Macozoma stated that true empowerment involves creating and returning value to owners, enabling them to decide how to use the funds, with the payout expected to support community development initiatives. flag The move marks a strategic shift toward enhancing shareholder returns and long-term value distribution over growth through acquisition.

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