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Vol 60 No 20

Published 11th October 2019


South Africa

Ramaphosa writes off coal

The President hopes that his bold plan to replace coal with renewables will rescue the ailing power utility and reboot the economy

Three key developments this month will shape South Africa's economic standing – Finance Minister Tito Mboweni's budget statement, Moody's credit rating report and the appointment of a new chief executive to head Eskom, the heavily indebted power utility.

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