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Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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G10 Markets
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Emerging Markets
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Data
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Global Macro
Global Macro
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessEskom Currently Burning 9m litres of Diesel/day to Prevent Further Load Shedding
- Open cycle gas turbines cost R700 000 per unit per hour to run, equoting to 14 litres of diesel a second. COO Oberholzer says that burning diesel and keeping the power on is more important than the dramatic cost of bringing the economy to a halt.
- Oberholzer also warns that If dam levels fall, and if diesel capacity falls - Eskom would drop down another 6 stages of load shedding
- Oberholzer says CEO Andre de Ruyter is currently in Washington to have discussions with the World Bank and other parties on plans to move away from coal power. He says De Ruyter trusts them to run Eskom properly when he is not around - News24
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.