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Eskom Extend Load-Shedding, Contradicting Gordhan Promises

SOUTH AFRICA
  • Eskom have tweaked the load-shedding schedule further – contradicting Gordhan’s claims that power cuts should ease this week – by continuing to cut 3,000MW from the grid until Thursday morning. This tips the run of power cuts to 118 day this year – the worst on record.
  • Ramaphosa received the endorsement of his home ANC branch this weekend, with the the Chiawecca branch in Soweto’s ward 11 endorsing the President for a second term.
  • Focus turns to the Manufacturing PMI data due at 11am local time (1000BST / 0500ET).
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  • Eskom have tweaked the load-shedding schedule further – contradicting Gordhan’s claims that power cuts should ease this week – by continuing to cut 3,000MW from the grid until Thursday morning. This tips the run of power cuts to 118 day this year – the worst on record.
  • Ramaphosa received the endorsement of his home ANC branch this weekend, with the the Chiawecca branch in Soweto’s ward 11 endorsing the President for a second term.
  • Focus turns to the Manufacturing PMI data due at 11am local time (1000BST / 0500ET).