Free Trial

Eskom Implements Stage 2 Load-Shedding, Warns of Weekend Escalation

SOUTH AFRICA
  • Eskom: Regretfully, Stage 2 loadshedding will be implemented starting at 11:00. A unit at Lethabo and Majuba were delayed in returning to service. A unit at Tutuka tripped
  • Three Kendal units were taken off and it is anticipated that the fourth and remaining unit will also be shut down. The conveyor belts supplying these units are currently not running due to a power fault. No coal is reaching the station at this point.
  • We unfortunately do expect the load shedding stage to escalate into the weekend but this can only be confirmed once we have a better understanding of these problems and when it is likely to be resolved.
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

To read the full story

Close

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.