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Eskom Loadshedding to Halve, Production Data on Docket

SOUTH AFRICA
  • As noted yesterday, South Africa’s Eskom Holdings SOC Ltd. Announced it will halve the amount of power it removes from the national grid to 1,000 megawatts from 4 p.m. on Oct. 14.
  • Production data due later this morning at 1030BST/1130Local:
    • Aug. Mining Production M/m, est. 0.6%, prior 2.3%
    • Aug. Mining Production Y/y, est. -6.9%, prior -8.4%
    • Aug. Gold Production Y/y, prior -19.7%
    • Aug. Platinum Production Y/y, prior -12.2%

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