Flash Briefing: Tributes pour in for Jabu Mabuza, AngloGold bottom of the lot, gold dives below $1,800

Loading player...
In today's headlines:
*Former Eskom board chair and businessman Jabu Mabuza passed away on Wednesday night due to Covid-19 complications.
*AngloGold Ashanti has had a bad year, with the company’s lack of a permanent chief executive officer and a suspension of its Ghana mine operations weighing on the stock.
*Gold declined below $1,800 an ounce as the Federal Reserve sped up its expected pace of policy tightening amid optimism about the labor market and heightened concerns over inflation. Learn more about your ad choices. Visit megaphone.fm/adchoices
17 Jun 2021 10AM English South Africa Investing · Business News

Other recent episodes

The BizNews Edge: African Bank's Billion-Rand Acquisition Trap

African Bank swung to a loss of nearly a billion rand after a four-year spree of buying and bolting together three banks to build a full-service lender, and the bad debt charge is still climbing. The contrast is brutal: a focused platinum-and-chrome miner, Tharisa, is printing cash with profit up…
25 Jun 7AM 9 min