Stage 6 load-shedding unlikely at this time but the utility issues warning for coming year
Eskom blamed the tardy approval process in bringing additional generation capacity to the grid as it imposed the worst rolling power cuts so far this year and warned of up to 100 days of outages for the year ahead in one of the latest reminders of one of the biggest factors hobbling the economy.
Persistent operational and financial problems at Eskom heap pressure on President Cyril Ramaphosa to push through reforms at the utility to lift the economy out of a decade-long downward spiral...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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Fragmentation poses 'serious risk' to global prosperity: IMFThe threat of deglobalization that splits countries into divided blocs could undermine decades of gains in living standards and growth, an IMF official warned Tuesday.
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UN says 20 million risk starvation as Horn of Africa drought worsensTwenty million people are at risk of starvation this year as delayed rains worsen an already brutal drought in Kenya, Somalia and Ethiopia, the UN warned on Tuesday.
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SA records 877 new COVID-19 cases, 100 181 deaths - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The National Institute for Communicable Diseases (NICD) has reported 877 new COVID-19 cases that have been identified in South Africa, which brings the total number of laboratory-confirmed cases to 3 742 107.
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SA records 877 new COVID-19 cases, 100 181 deaths - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The National Institute for Communicable Diseases (NICD) has reported 877 new COVID-19 cases that have been identified in South Africa, which brings the total number of laboratory-confirmed cases to 3 742 107.
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