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Flash Briefing: Eskom woes; SA business confidence slumps; another questionable move by the ANC

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News headlines:
*South Africa faces a record year for power outages after an explosion damaged one of the state-owned electricity utility’s newest coal-fired generation units.
*South African business confidence fell to a nine-month low in July, after a week of deadly riots, looting and arson cost the economy R50 billion in lost output and imperiled at least 150,000 jobs.
*Former Defence Minister Nosiviwe Mapisa-Nqakula has effectively swapped places with her replacement, Thandi Modise, with the ANC putting her name forward to take over as speaker of parliament. Learn more about your ad choices. Visit megaphone.fm/adchoices

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

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