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6,497.14 TRY Gold (gr) Gold (gr)
106.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Despite winter disruptions to South Africa's energy supply, prospects for the summer months remain bright

South Africa is preparing for summer, despite power outages that caused a 2% decline in growth rate, with Eskom optimistic about the commencement of operations at a recent power plant.

Despite winter disruptions to South Africa's energy supply, prospects for the summer months remain bright

The power supply situation in South Africa might improve in the summer season following a series of power outages during the winter, which had led to a 2% decline in the country's growth rate.

Eskom, the state-owned electricity utility, holds a positive outlook regarding power supply. This optimism stems from the anticipated commencement of operations at one of the nation's most recent power plants, provided there are no unforeseen events such as plant malfunctions, flooding, or coal supply issues.

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