Flash Briefing: Anglo selling last SA gold mine; RCL gains 18% in fortnight; Markets hit by US aggression. episode artwork

EPISODE · May 9, 2019 · 4 MIN

Flash Briefing: Anglo selling last SA gold mine; RCL gains 18% in fortnight; Markets hit by US aggression.

from Rational Radio · host BizNews

Investors around the world took fright yesterday when the US seized a North Korean ship alleging it had been illegally transporting coal from president Kim Jong Un’s ostracised country in violation of US sanctions. South Africa’s national and provincial election dominated the local news yesterday with investors a little concerned by the ANC’s inability to poll at their hoped-for 60% level. Anglogold Ashanti yesterday announced that it is in the early stages of a process to sell Mponeng, the last mine it owns in South Africa. Remgro-controlled chicken company RCL continued its recent run, picking up another 3% to close the session at R15.28. The shares have risen 18% in the past two weeks.

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Flash Briefing: Anglo selling last SA gold mine; RCL gains 18% in fortnight; Markets hit by US aggression.

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