South Africa: “Power cuts expected to hit South Africa’s GDP” – Goldman Sachs

South Africa: “Power cuts expected to hit South Africa’s GDP” – Goldman Sachs

Severe planned power cuts at South African state-run utility Eskom are expected to shave 0.3 percentage points off first-quarter GDP growth, Goldman Sachs said on Thursday.

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Mining vs Safety: Calls for more security at SA mines following Gloria coal mine incident

Mining vs Safety: Calls for more security at SA mines following Gloria coal mine incident

South Africa Mineral Resources Minister Gwede Mantashe on Friday said the priority remains to restore ventilation at the Gloria mine, in Mpumalanga, and to reduce flammable gases underground so that the search and recovery process can continue with the necessary speed.

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