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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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Free AccessEskom Says Medupi Plant Finally Operational After Severe Delays & Billions Over Budget
LOCAL NEWS
- Eskom says the sixth and final unit of Medupi power station has now achieved commercial operation.
- However, work remains, with repairs to design flaws expected to be carried out over the next two years. Medupi has been 6 years behind schedule and cost R234bn vs R80bn initially planned
- Suspended SG Magahsule files notice to appeal high court judgement that upheld his suspension on Saturday.
- He argues that the judgement was littered with errors and examples of bias which point to a pre-determined outcome. The court is yet to respond to the appeal
- ANC and the EFF discussions over the terms of Constitutional changes to enable land expropriation without compensation end in a stalemate, with the ANC losing support from the EFF in trying to push the changes.
- This would result in the ANC presenting changes that could be rejected by the DA and the EFF, without enough of a majority to pass. However, the ANC has vowed to proceed with the plans alone, if needs be
- Mineral resources department launches tender to replace dysfunctional Samrad mine licensing system that has been the cause of a backlog of 5,000 applications for mining and related rights.
- This system is expected to increase transparency and efficiency in the sector and is expected to boost exploration
- SA records 8,791 new cases of Covid-19 with 178 deaths on Sunday
To read the full story
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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.