aurora
- businessweekly
- February 3, 2020
- 64 views
Unanswered questions
South Africans need to know what maintenance is needed to get existing power stations operating reliably enough to avoid long-term loadshedding. In the short term the country’s best option may be for predictable power cuts while the maintenance backlog is addressed.
- businessweekly
- February 3, 2020
- 54 views
Like an unreliable car bought with debt
Ending the power cuts has to begin with understanding Eskom’s precarious financial position.
- businessweekly
- February 3, 2020
- 74 views
South Africa’s energy crisis has triggered lots of ideas: why most are wrong
Since late last year South Africans have, once again, been subjected to power cuts by the power utility, Eskom. The need for what’s called loadshedding – planned power outages – led to the recent resignation of Eskom’s chairperson and a flurry of concern about the current and future reliability of electricity supply. It has also raised questions about the lack of progress in resolving Eskom’s financial and operational crises since Cyril Ramaphosa became the country’s president in early 2018.
- businessweekly
- February 3, 2020
- 66 views
Global slowdown
In a bid to soften the blow on China’s economy, the country’s central bank cut reverse repo rates by 10 basis points and injected 1.2 trillion yuan ($173.8 billion) of liquidity into the markets on Monday.
- businessweekly
- February 3, 2020
- 63 views
Global stocks at seven-week lows as virus fears hit China after holiday
A gauge of global stocks was near seven-week lows on Monday as Asian stocks plunged on their first trading day after a long break, amid fears the coronavirus epidemic would hit demand in China.
- businessweekly
- February 3, 2020
- 61 views
Rand firmer as virus selloff pauses
South Africa’s rand firmed on Monday to back below the key 15.00 per dollar mark, mostly on profit-taking and month-end positioning after a steep slide triggered by global coronavirus fears dragged the currency to its weakest level in three months.
- businessweekly
- February 3, 2020
- 199 views
Exodus & Co to develop 2 000 residential stands
Exodus and Company has unveiled its plan to build 2 000 stands for its housing development project, which will sit on a 200-hectare piece of land availed to them by the government.
- businessweekly
- February 3, 2020
- 115 views
IDCZ invites application for loans
The Industrial Development Corporation of Zimbabwe (IDCZ) on Friday invited local companies involved in value addition to apply for loans if they required financial support.
- businessweekly
- February 3, 2020
- 65 views
NTS expects bump in demand
Zimbabwe Stock Exchange listed National Tyre Services (NTS) Limited says it expects demand for its products and services to remain despite the obtaining turbulent business environment.
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