Tag: risk
Risk of loadshedding low
The system is constrained this morning after taking out some generation units for both planned and unplanned maintenance but the risk of loadshedding remains low. We are using some emergency diesel...
Rand buoyed by risk appetite and a weak Pound
The ZAR opened at R17.35 and continued to strengthen on Tuesday, breaking the R17.21 mark at noon. This was mainly driven by weakness in the Pound where political uncertainty around Brexit...
Eskom Deepens South Africa Power Cuts as Moody’s Flags Risk
South Africa’s debt-laden power utility raced to stabilize the grid by resorting to the most intense supply cuts in four years while Moody’s Investors Service warned a plan to fix it...
Absa’s big plans to target first-time home buyers
Absa plans to claw back market share in South African home loans by taking on more risk and targeting first-time buyers, as CEO Maria Ramos embarks on a new era outside...
Economy teeters on the brink of recession
In spite of President Cyril Ramaphosa’s attempts to revive the country’s struggling economy, there is a strong possibility it may slip into recession.
Economists have predicted negative growth for the...