Eskom denies being on the verge of collapse, Transnet to increase third-party access, Investec merges UK business, EFF criticises Uganda.
Eskom has denied that it has put more strain on its generating system in the past few weeks to avoid higher levels of load-shedding. This was in response to analysis by Nedbank chief economist Nicky Weimar and independent political and economic analyst JP Landman, who said they believed the threat of a grid collapse in South Africa was elevated. Weimar said Eskom’s electricity demand and availability figures suggested the grid was teetering on the edge of a blackout in February 2023.
Transnet said that the leasing company’s goal is to lower barriers to entry for new train operating companies by using available slots on its line. Transnet is currently requesting proposals with a deadline of 30 June 2023. [: The Investec Group will combine its UK-based wealth and investment business with the Rathbones Group in a R19 billion deal . The Enlarged Rathbones Group will have approximately £100 billion in funds. The Investec Group will own 41.
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