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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 AccessMagashule Supporters Plan Revolt Vs Step-Aside Resolution; J&J Rollout Paused
LOCAL NEWS
- ANC SG Magashule reportedly working to mobilise a revolt against the NEC'S step-aside rule, with the help of supporters in various committees.
- Columnist notes challenges to the step-aside decision are now being made at sub-committees.
- Magashule has also unilaterally broadened the scope of the resolution (noted yesterday) to also include those facing allegations of corruption, which was not part of the ANC's wording.
- Provinces have until Thursday to submit names of those implicated in corruption - a move which analysts say is intended to bog down the step-aside process
- SA Medical Association says suspension of J&J vaccine rollout is not a cause for panic, as it is just a precaution, and should hopefully not last long. HealthMin Mkhize says he is hopeful it will last only a few days
- Eskom warns the system remains under severe strain, with load shedding remaining a risk for the rest of the week.
- Eskom was forced to implement load shedding late on Tuesday after breakdowns at generating units and delays in getting other units back online.
- While load shedding was suspended at 05h00 this morning, because the group's energy grid is old and prone to breakdowns, the threat of rolling blackouts returning is ever-present
- Eskom raises R76m in sale of two buildings that forms part of a broader R2bn plan to sell non-core property assets. Although this is a drop in the ocean for its R464bn in debt, it represents a positive step towards shoring up its balance sheet
To read the full story
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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.