Eskom sabotaged! Ramaphosa apologises for power cuts, police called in; RMB warning on SA growth; UK election

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* President Cyril Ramaphosa put the blame for widespread power cuts on sabotage when he cut short a visit to Egypt to handle the latest Eskom crisis.
* "SA is rapidly becoming a forgotten country and has stopped being talked about as an investment destination,” James Formby, the chief executive officer of FirstRand’s Rand Merchant Bank, has warned.
* The rolling blackouts threaten to tip South Africa’s economy into recession and hobble miners already impacted by community protests and xenophobic violence, says Bloomberg.
* Bloomberg reports that a YouGov survey of more than 100,000 voters put Johnson on course to win a majority of 28 seats, but that’s down from 68 in a similar projection two weeks earlier - and the pollster did not rule out a hung parliament. The pound fell. Learn more about your ad choices. Visit megaphone.fm/adchoices
11 Dec 2019 1PM English South Africa Investing · Business News

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