Nedbank Ltd. estimates that corruption, maladministration and bad policies shaved $33.9 billion off the nation’s GDP between May 2014 and February 2018.
The man proposing to buy Newmont Mining Corp. in the world’s biggest gold takeover is the same person who was blamed for the deal falling apart five years ago.
Gary Goldberg said he’s focused on completing the Goldcorp takeover and questioned whether Barrick’s management is equipped to run a combined Newmont-Barrick.
Citigroup Inc. said it entered into a financing deal with Venezuela’s central bank in 2015 essentially using $1.6 billion of gold held at the Bank of England as collateral.