MNI: UK NOV FINAL MANUF PMI 48.0 (FLASH 48.6); OCT 49.9

MNI: EUROZONE NOV FINAL MANUF PMI 45.2 (FLASH 45.2); OCT 46.0

MNI: GERMANY NOV FINAL MANUF PMI 43.0 (FLASH 43.2); OCT 43.0

MNI: PBOC Net Drains CNY216 Bln via OMO Monday

MNI: PBOC Sets Yuan Parity Lower At 7.1865 Mon; -1.50% Y/Y

MNI: China CFETS Yuan Index Up 0.01% In Week of Nov 29

MNI: EUROZONE OCT UNEMPLOYMENT RATE 6.3%

MNI: FRANCE NOV FINAL MANUF PMI 43.1 (FLASH 43.2); OCT 44.5

MNI: ITALY NOV MANUF PMI 44.5 (FCST 46.0); OCT 46.9

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

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

Eskom to Cut 4,000MW From Grid 4pm-Midnight

SOUTH AFRICA
  • Although Numsa has stressed the union wants to avoid a strike by reaching a pay-rise deal, its readying members after what is “seemingly going to be a national strike”, Business Day reports. This follows an unsuccessful two days of talks between motor employers and the union. Spokesperson Phakamile Hlubi-Majola told Business Day that “the offer we received from the FRA (Fuel Retailers Association) is an offer which we cannot accept”. Numsa, who have over 400,000 members, are holding out for an offer which reaches the point of inflation.
  • Following a post on Twitter, Eskom will cut 2,000 megawatts from 5am to 4pm before ramping up to 4,000MW thereafter due to the “the continued shortage of generation capacity”.
  • June electricity consumption and production data releases later today. The prior prints read -2.5% YoY and -4.3% YoY respectively, with electricity production YoY the lowest in over a year. No other major data releases are planned for today.
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.