BizNews Briefing: Amazon booms in SA, banks see green shoots & Dalio’s gold warning

BizNews Briefing: Amazon booms in SA, banks see green shoots & Dalio’s gold warning

Amazon’s SA surge, easing bank bad debts, MTN Zakhele’s slump, Spar’s heavy loss, G20 scrutiny, and Ray Dalio’s gold warning.
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Amazon SA boss Robert Koen says online retail has “knocked it out the park,” Absa confirms economic green shoots as bad debts ease, MTN Zakhele collapses toward zero, Spar posts a R4.8bn loss, G20 gains scrutiny from Michael Louis, and Ray Dalio warns global debt is driving investors back to gold.

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