SA steps in to fix Zim; palladium skyrockets, more to come; Sasol soars; Davos

* Former SA president Thabo Mbeki has stepped into the Zimbabwe crisis. He held talks with Zimbabwean President Emmerson Mnangagwa and opposition leader Nelson Chamisa to try and help end the nation’s political crisis, reports Bloomberg.
* Palladium smashed through $2,000 an ounce to a record as the metal extended a powerful annual advance driven by a sustained global deficit and some analysts expect it to power up towards $2,500 an ounce within six months.
* President Donald Trump is planning to attend next year’s World Economic Forum in Davos, according to four administration officials, while the UK’s Boris Johnson decided to skip the event, says Bloomberg.
* The Sasol share price jumped about 11% on Tuesday on news that it has fixed a significant problem in its US operations that has put a lid on output.
17 Dec 2019 1PM English South Africa Investing · Business News

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