Dow theory suggests the worst is over for gold – and South Africa Inc

Gold bugs reckon the bullion market hit the depression stage last year, with 2016’s gain of 24% in the yellow metal’s price suggesting we’ve passed hope and are now into relief. After a horrible decline, South Africa Inc appears to be following a similar path.

Moody’s puts 5 SOEs on downgrade review

Moody’s Investors Service has placed five South African state-owned companies on review for a downgrade due to concerns about governance and the political environment.