Rand firmer as government gives update on energy supply
RMB economist Mpho Tsebe says electricity supply continues to undermine SA’s growth outlook
18 October 2019 - 10:33
The rand extended gains on Friday morning as markets hear more details on the government's plans to meet electricity demand.
Minerals and energy minister Gwede Mantashe was briefing the media on the Integrated Resource Plan, which was discussed by the cabinet on Thursday. The plan entails the governments long-term strategy for electricity supply. ..
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