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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 AccessSouth Africa Passes 200 Days Of Power Outages
- South Africa has now passed 200 days of power outages this year, while outgoing Eskom CEO De Ruyter warned that there is more to come. The power utility announced that it would alternate between Stage 3 (4pm-5am) and Stage 2 (5am-4pm) load-shedding through the end of the week. According to the SARB, increased power rationing may shave 0.6pp off South Africa's GDP growth in the coming year.
- President Cyril Ramaphosa has petitioned the Johannesburg High Court to issue an interdict against former President Jacob Zuma's private prosecution of him. Zuma announced that he would prosecute Ramaphosa just ahead of the ANC's recent elective conference, which saw Ramaphosa emerge from the Phala Phala scandal with a renewed mandate.
- There will be no South African data releases until Friday, when money supply, private sector credit, trade balance and budget balance are due.
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.