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Electricity Minister Looks To End Loadshedding By Mid-2024

SOUTH AFRICA
  • Eskom is moving between suspended loadshedding (05:00 - 16:00) and Stage 2 loadshedding (16:00 - 05:00) until Wednesday. Another update will be given on Wednesday or as soon as there are any significant changes.
  • Electricity Minister Kgosientsho Ramokgopa told eNCA that he expects rolling blackouts to be gone by mid-2024 amid the prospect of more generation units coming online and the imminent arrival of new power equipment from Chinese suppliers.
  • The main labour union at Eskom called for the suspension of an $8.5bn climate finance pact with wealthy nations and the plan to unbundle the utility.
  • The South African docket lacks any major data releases or economic events today.

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