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Loadshedding Eases, Mining & M'fing Data On Tap

  • Eskom announced that "due to sustained generation capacity improvement and adequate emergency reserves, loadshedding will be reduced to Stage 2 at 07:00 today until 16:00. Thereafter, Stage 3 loadshedding will be implemented, as previously communicated from 16:00 until 16:00 on Thursday."
  • The Cabinet approved the Draft National State Enterprises Bill for tabling in parliament. The legislation will create a state-owned holding company (Stage Asset Management) to replace the Department of Public Enterprises currently headed by Minister Pravin Gordhan.
  • South Africa will report October mining production at 09:30GMT/11:30SAST. Later in the day, manufacturing production figures will cross the wires at 11:00GMT/13:00SAST.

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