Black Friday wasn’t nearly as big as everyone thought it was going to be. US retail sales were only $12.1bn vs last year’s $12.3bn. The Alsi (-1.13%) was dragged down by Naspers which fell 3.7% after reporting results and announcing that they were doing a capital raise $2.5bn and expanding Showmax to four continents. Gold fell to its lowest level in five years. Moody’s and S&P confirmed that they are not downgrading Eskom. New listing, Gold Brands Investment, which owns Chesa Nyama are planning to list.
