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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 AccessMNI China Daily Summary: Monday, December 9
Eskom To Ease Load-Shedding Over Weekend But Warns Of Severe Constraints During Winter
Eskom says in a statement that it will escalate load-shedding to Stage 5 rather than Stage 6 this afternoon from the current Stage 6 after a generating unit at Matla Power Station has returned to service and overall breakdowns have decreased. The Stage 4/5 pattern will replace the Stage 4/6 one later on, with a brief de-escalation to Stage 1 scheduled for Sunday morning.
- In a separate statement, Eskom warned that South Africa's power system is "severely constrained and there is a high risk of elevated stages of load-shedding in winter." The utility said that power outages could reach Stage 8, albeit it is "an ultimate worst scenario that Eskom is working tirelessly to avert at all cost."
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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.