Fairtree welcomes Hannes van den Berg back after nine years
Van den Berg returns for a second stint at the asset manager, taking up a portfolio manager role from October.
Van den Berg returns for a second stint at the asset manager, taking up a portfolio manager role from October.
Spot gold declined 0.4% to $4 495.89 an ounce at 10:10 a.m. in Singapore.
Analysis of DRDGold’s results as earnings surge, and a look at Merchant West’s R5bn asset-backed note programme.
Brent for October settlement was 0.2% higher at $91.83 a barrel at 11:34 a.m. in Singapore.
'The move towards $70 000, triggered by short-covering, suggests buyers are regaining confidence, although the rally now faces a crucial test of whether it can sustain momentum and challenge the $75 000 region,' said Axel Rudolph.
Sean Riskowitz called for board changes and a governance overhaul at the Namibian group.
Thousands of jobs are at stake.
Top economists' growth predictions remain low, as joblessness and global instability weigh on the economy.
It pays about R45bn a year to IPPs for electricity – but with R2bn in curtailment claims generated in just a few months, consumers may feel it in the tariff.
They are presently leased by the group on an arm's-length basis.