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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.
SOUTH AFRICA
South Africa's electricity utility Eskom says in a statement that it will implement Stage 5 load-shedding from noon until 21:00 tonight, before switching to Stage 6 until 5:00 tomorrow morning. It will then return to Stage 5 rationing, which will remain in effect from 5:00 on Wednesday until further notice.
- Eskom notes that "planned maintenance is 4,654MW while breakdowns currently amount to 18,123MW of generating capacity."
- This comes as the utility has been running Stage 4 load-shedding continuously since Sunday amid an escalating energy crisis.
- The scale of rolling blackouts resulted in the ruling ANC party proposing to declare a national state of emergency, with the government taking legal advice on the matter.
Fig. 1: Eskom Load-Shedding Schedule For 31 January - 3 February 2023
Source: Eskom
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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