Sunday, December 4, 2022

Temporary load shedding reprieve

Eskom says it expects to lift load shedding from 9pm this evening with the utility moving to implement Stage 1 on Friday morning.This was announced by Eskom Chief Executive Andre de Ruyter.He said several generating units at the power utility's power ...

SARB hikes repo rate by 25 basis points

For the first time in almost three years, the South African Reserve Bank’s Monetary Policy Committee (MPC) has increased the repo by 25 basis points.The move will see the repo rate rise to 3.75% per year.Addressing the media following the MPC’s meeting...