FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Eskom Reduces Loadshedding

SOUTH AFRICA
  • South Africa's Presidency said that it is working with Eskom to assess what funding is needed to expand its transmission network to be able to add more solar and wind power to the grid. The difficulties in increasing Eskom's debt burden has been delaying the implementation of South Africa's $9.3bn climate pact with Western nations.
  • Meanwhile, Eskom reduced loadshedding to Stage 2, after alternating between Stages 2 and 3 daily, and will implement power cuts of that intensity until further notice.
  • The Fiscal and Finance Commission (the Treasury's watchdog) said that tapping gold and FX reserves will put South Africa in a "weaker strategic position."
  • President Cyril Ramaphosa tapped Deputy Chief Justice Mandisa Maya to take the helm of the judiciary from September.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

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.