Flash Briefing: EFF torpedoes EWC; Eskom reveals 'green' plan; SA factory sentiment plunges
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News headlines:
*The ANC’s aim to amend section 25 of the constitution to allow for land expropriation without compensation may have been torpedoed by the EFF over a disagreement on who would ultimately own any commandeered assets.
*Eskom Holdings SOC Ltd. Chief Executive Officer Andre de Ruyter laid out a funding plan to help the company, which generates the bulk of South Africa’s power from coal, transition away from the use of the dirtiest fossil fuel.
*An index measuring South African factory sentiment plunged by a record in July, after a week of deadly riots, looting and arson disrupted supply chains, industrial output and demand for manufactured goods. Learn more about your ad choices. Visit megaphone.fm/adchoices
*The ANC’s aim to amend section 25 of the constitution to allow for land expropriation without compensation may have been torpedoed by the EFF over a disagreement on who would ultimately own any commandeered assets.
*Eskom Holdings SOC Ltd. Chief Executive Officer Andre de Ruyter laid out a funding plan to help the company, which generates the bulk of South Africa’s power from coal, transition away from the use of the dirtiest fossil fuel.
*An index measuring South African factory sentiment plunged by a record in July, after a week of deadly riots, looting and arson disrupted supply chains, industrial output and demand for manufactured goods. Learn more about your ad choices. Visit megaphone.fm/adchoices
