Anglo exits SA gold mines; Corona fear fades; Data shows Eskom damage; Ramaphosa report card; Investec’s green focus
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In today's business headlines:
- South Africa’s fading gold industry has a new champion as Anglo exits gold mining in the country;
- The JSE has its best trading day in a week as fears over the coronavirus fade but the Rand retreats again after a string of bad data;
- How much Eskom has hurt South Africa’s economy is starting to show up in official data with manufacturing production falling the most in five and a half years in December;
- A report card for President Cyril Ramaphosa by Bloomberg indicates that the economy has shrunk, unemployment has increased with investment levelling off but there have been improvements in governance at Eskom and SARS is being rebuilt; and
- Investec says it is upping its climate investment and is increasing its focus on environmental, social and governance issues to bolster its profits and address concerns raised by investors over climate change. Learn more about your ad choices. Visit megaphone.fm/adchoices
- South Africa’s fading gold industry has a new champion as Anglo exits gold mining in the country;
- The JSE has its best trading day in a week as fears over the coronavirus fade but the Rand retreats again after a string of bad data;
- How much Eskom has hurt South Africa’s economy is starting to show up in official data with manufacturing production falling the most in five and a half years in December;
- A report card for President Cyril Ramaphosa by Bloomberg indicates that the economy has shrunk, unemployment has increased with investment levelling off but there have been improvements in governance at Eskom and SARS is being rebuilt; and
- Investec says it is upping its climate investment and is increasing its focus on environmental, social and governance issues to bolster its profits and address concerns raised by investors over climate change. Learn more about your ad choices. Visit megaphone.fm/adchoices
