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Flash Briefing: Ramaphosa admits 'missing red flags' in Zondo testimony; R2bn damage to Medupi; 100MW licence exemptions

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News headlines:
*President Cyril Ramaphosa’s testimony at the state capture commission has exposed deep tranches of the ANC’s ‘shadow state’ – a set of parallel party practices that are often obscured from public view.
*It could cost R2 billion and take 2 years to repair the damage done to the Medupi unit that exploded at the weekend, CEO Andre de Ruyter says.
*The rules allowing licence exemptions for the generation and operation of 100 MW of power have been gazetted by Mineral Resources and Energy Minister Gwede Mantashe. Learn more about your ad choices. Visit megaphone.fm/adchoices

12 Aug 2021 9AM English South Africa Investing · Business News

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