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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 AccessEx-President Zuma Refuses To Campaign For ANC, Eskom Extends Loadshedding Suspension
- Former President Jacob Zuma declared that he wouldn't vote or campaign for the ruling African National Congress (ANC) in next year's general elections, despite still being its member. Zuma, who remains conflicted with the current ANC leadership, suggested that he would support the new uMkhonto we Sizwe party instead. Meanwhile, the ruling party is bracing itself for a difficult election campaign, as its ability to defend its absolute majority in parliament hanging in the balance. However, the Daily Maverick ran a report citing political analysts, who believe that Zuma's statement should not be consequential for the ANC's electoral performance, even as it may have some local impact in the ex-President's homebase KwaZulu-Natal.
- President Cyril Ramaphosa tried to grin and bear it when asked about recent opinion polls suggesting that the ANC could lose the ability to govern alone. The leader played down the accuracy of surveys, noting that many off them were historically significantly off the mark.
- Eskom announced some good news over the weekend, noting that "due to consistent improvement in available generating capacity, loadshedding will remain suspended until 16:00 on Friday". Power cuts have been on hold since last Thursday, which was consistent with Electricity Minister Kgosientsho Ramokgopa's earlier guidance that some days in December would be free from loadshedding.
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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.