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Eskom Leadership Hangs In Balance, Gov't To Tackle Avian Flu

SOUTH AFRICA
  • It remains unclear who will lead Eskom once the contract of acting CEO Caleb Cassim expires at the end of this year. Sources told Moneyweb that Public Enterprises Minister Pravin Gordhan ordered to start the recruitment process afresh after rejecting the Board's preferred candidate last week.
  • Eskom halted rolling blackouts in parts of the Eastern and Western Cape hit by floods "to ensure that the technical teams restore the supply of electricity safely".
  • The government is planning to fast-track the use of vaccines to combat avian flu which has taken its toll on the local poultry sector, pushing food prices higher.
  • The SARB will publish its leading indicator at 08:00BST/09:00SAST. Separately, the National Planning Commission will release its review of the national development plan.
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