Government is considering declaring SA’s rolling blackouts a National State of Disaster, says Ramaphosa
(Daily Maverick) — President Cyril Ramaphosa indicated at the conclusion of the ANC’s annual lekgotla on Monday evening that load-shedding could soon be declared a National State of Disaster. Ramaphosa said a national state of disaster is under consideration in an effort to end power cuts “within a much shorter time frame than what has been projected.” READ MORE.
Eskom misleading South Africans about load-shedding in 2023
(Daily Investor) — Energy experts have accused Eskom of deliberately misleading the public over which load-shedding stages it is implementing. The power utility has on three days during January shed more electricity than was indicated by the respective load-shedding stage it had implemented. READ MORE.
Former Joburg mayor Mpho Phalatse now wants to become the next DA leader
(News24) — Recently ousted former Joburg mayor Mpho Phalatse has announced her intention to enter the election contest to be the next leader of the Democratic Alliance. The party will hold its provincial conference in April over two days at the Gallagher Convention Centre in Midrand. Phalatse will face incumbent DA leader John Steenhuisen in the election. READ MORE.
What’s happening in the markets?
(Business Day) — The JSE gave up some of the gains it made last week as investors keep an eye on earnings reports out of the US and interest rate hikes from central banks. The All-Share Index closed 0.58% lower while its global peers were mixed. The rand weakened on Monday to close at R17.34/$. At 05:52, the local unit was trading weaker at R17.40 against the greenback. READ MORE.
