Ghosn on the offensive; Mantashe “restraining” CR ; PMI contracts; Platinum, Palladium, Gold

Loading player...
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. Learn more about your ad choices. Visit megaphone.fm/adchoices
8 Jan 2020 1PM English South Africa Investing · Business News

Other recent episodes

DA’s Double-Duty Man

South Africa doesn't hear enough from politicians who do the unglamorous work of fixing the state. Jan de Villiers is one of them. The DA MP and chair of Parliament's Portfolio Committee on Public Service and Administration just drove through a landmark law that tightens the firewall between party politics…
17 Apr 8AM 38 min

Elon Musk vs BEE: The explosive debate that could change South Africa forever

From Elon Musk’s Pretoria beginnings to global dominance, this conversation dives into power, policy, and South Africa’s economic crossroads. Solidarity’s Dirk Hermann unpacks the growing backlash against BEE, arguing it stifles jobs, fuels elite enrichment, and deters investment. With pressure mounting from markets, citizens, and international players, is reform inevitable?…
17 Apr 7AM 41 min

South Africa’s wildlife heartland under siege from illegal mining syndicates

Heavily armed illegal mining syndicates are no longer just a problem for abandoned shafts and remote communities. In this interview, De Wet du Toit of the Blyde River Task Force tells BizNews how zama-zama operations linked to foreign criminal networks are threatening South Africa’s water systems, tourism economy and wildlife…
16 Apr 7AM 22 min