There’s no buying opportunity in commodity bull market – Patrice Motsepe

    The business leader said there was a need to recognise the role of the private sector as an engine for much-needed job creation, and incentivise companies. Despite Covid-19’s dampening impact on the global economy, commodity prices such as gold and platinum have rallied as well as resource shares. Patrice Motsepe, one of Africa’s richest men and chairperson of African Rainbow Minerals (ARM), doesn’t see a buying opportunity at these lofty valuations. Speaking at the presentation of the company’s annual results on Monday, Motsepe said ARM was on the…

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