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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.
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Free AccessEskom to Appear in Court, Appealing for Price-Setting Powers
- Beleaguered utility Eskom appears in court having taken the energy regulator Nersa to court over the regulator's decision to reject proposals on electricity fee adjustments for the coming three years. The regulator initially favoured a different fee determination process, but this was criticized by the utility.
- Ramaphosa this morning issued a letter outlining the strengths of the second part of his flagship Presidential Employment Stimulus plan, with the second phase seen providing almost ZAR1bln in funding for youth employment programmes and skills training.
- USD/ZAR has stabilised ahead of the Friday low and the 200-dma at 14.6005/14.5737 which act as first support. 14.7582, the 50-dma and 14.7543 could provide some resistance ahead of any progress toward the 15.00 handle.
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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.