Flash Briefing: Protests rock KZN, Gauteng; World Bank warning to SA; load shedding on the cards

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News headlines:
*Protests triggered by last week’s jailing of former South African President Jacob Zuma have claimed six lives, seen scores of businesses looted and weakened the currency, with the police struggling to contain escalating violence.
*The World Bank has sent a warning to South Africa, saying the country can bolster hiring by temporarily extending tax incentives, suspending rules that increase labour costs and introducing measures to support entrepreneurship and self-employment.
*Eskom has urged the public to reduce electricity usage as the South African Weather Service forecasts extremely cold weather this week. Learn more about your ad choices. Visit megaphone.fm/adchoices
12 Jul 2021 10AM English South Africa Investing · Business News

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