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MNI China Daily Summary: Wednesday, March 29

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Calls For Strikes Continue To Do Rounds, Manufacturing Data On Tap

SOUTH AFRICA
BulletEM BulletEmerging Markets NewsHomepage
  • The opposition EFF party called on all businesses to join a national shutdown next Monday and close their doors to avoid looting, as it demands President Cyril Ramaphosa's immediate resignation. The call drew a pushback from Cape Town Mayor Geordin Hill-Lewis, who said there will be business as usual in the city. Meanwhile, the National Education, Health and Allied Workers' Union said it will continue disrupting public services, even as a court interdicted essential workers from participating in the strikes.
  • Karpowership said it won't abandon power-generation projects in South Africa despite recent setbacks. Earlier this week, the Environment Department rejected the company's application to install a ship-mounted power plant at the Coega harbour and suspended its request to set up a plant in Saldanha, while Karpowership temporarily withdrew an application for a plant at Richards Bay.
  • South Africa will publish data on mining production and industrial output later this morning, at 09:30GMT/11:30SAST and 11:00GMT/13:00SAST respectively.
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  • The opposition EFF party called on all businesses to join a national shutdown next Monday and close their doors to avoid looting, as it demands President Cyril Ramaphosa's immediate resignation. The call drew a pushback from Cape Town Mayor Geordin Hill-Lewis, who said there will be business as usual in the city. Meanwhile, the National Education, Health and Allied Workers' Union said it will continue disrupting public services, even as a court interdicted essential workers from participating in the strikes.
  • Karpowership said it won't abandon power-generation projects in South Africa despite recent setbacks. Earlier this week, the Environment Department rejected the company's application to install a ship-mounted power plant at the Coega harbour and suspended its request to set up a plant in Saldanha, while Karpowership temporarily withdrew an application for a plant at Richards Bay.
  • South Africa will publish data on mining production and industrial output later this morning, at 09:30GMT/11:30SAST and 11:00GMT/13:00SAST respectively.