
Ghosn on the offensive; Mantashe “restraining” CR ; PMI contracts; Platinum, Palladium, Gold
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In today's business headlines:
- Carlos Ghosn, the auto executive who fled to Lebanon last week to escape trial in Japan said he did not escape justice; he fled injustice;
- Absa’s Purchasing Manager Index fell deeper into contraction in December to 45.9 from 47.4 in the previous month;
- The blame for the ANC government’s inability to tackle the country’s electricity crisis has shifted to Mineral Resources and Energy Minister Gwede Mantashe. Bloomberg says he is restraining President Cyril Ramaphosa;
- Platinum continues its blistering pace driven by demand for palladium;
- Gold reaches its highest level since 2013 as investors flee to safety following the US-Iran crisis.
- Carlos Ghosn, the auto executive who fled to Lebanon last week to escape trial in Japan said he did not escape justice; he fled injustice;
- Absa’s Purchasing Manager Index fell deeper into contraction in December to 45.9 from 47.4 in the previous month;
- The blame for the ANC government’s inability to tackle the country’s electricity crisis has shifted to Mineral Resources and Energy Minister Gwede Mantashe. Bloomberg says he is restraining President Cyril Ramaphosa;
- Platinum continues its blistering pace driven by demand for palladium;
- Gold reaches its highest level since 2013 as investors flee to safety following the US-Iran crisis.