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ESKOM: Anglo Says S. Africa’s Eskom a Major Risk as It Mulls Growth

  • Date: 06-11-19
  • Category: ESKOM
  • Source: Bloomberg

Anglo American Plc sees South Africa’s struggling state-owned power utility and regulatory uncertainty posing major risks to its operations in the country, where it’s planning to boost spending to expand output for platinum, manganese and iron ore.

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ELECTRIC VEHICLES: Germany to increase subsidies for electric vehicles

Berlin has agreed to expand subsidies for electric vehicles and to increase the number of charging stations across Germany, in a move that highlights growing concern among business and political leaders that the country has fallen behind its competitors in a crucial area.

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AUTO SALES: UK car market down 6.7% in October

  • Date: 05-11-19
  • Category: AUTO SALES
  • Source: Just Auto

UK new car sales fell by 6.7% in October, as the market continued to be hit by weak consumer and business confidence.

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ESKOM: Eskom: “Load shedding at short notice” possible before Thursday

  • Date: 05-11-19
  • Category: ESKOM
  • Source: The South African

The wobbling fortunes of Eskom are walking a tightrope yet again this week, following a late-night communication on Monday. The utility firm has warned that the power grid is “severely constrained”, and although they haven’t authorised any power cuts, the possibility of load shedding this week remains on the table.

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PGM PRODUCERS: Sibanye realises synergies from its R4.3bn purchase of Lonmin

The company relocates one of the concentrators it has at Marikana mine in SA, where there is excess concentrator capacity, to Mimosa platinum mine in Zimbabwe

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ESKOM: National electricity grid is currently severely constrained

  • Date: 05-11-19
  • Category: ESKOM
  • Source: Iono.fm

Eskom has warned South Africans that the national electricity grid is severely constrained due to the unexpected loss of power generation units. Eskom stated that load-shedding is not expected, but it may be implemented at short notice in the event of additional units being unexpectedly lost. We spoke to Eskom's COO Jan Oberholzer

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EMISSIONS: Delhi air quality: Severe pollution prompts car rationing

  • Date: 04-11-19
  • Category: EMISSIONS
  • Source: BBC

The Indian capital, Delhi, has launched a car rationing system as it battles hazardous levels of pollution.

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AUTO SALES: VW’s Traton Joins Rivals In Warning Demand for Trucks Is Souring

  • Date: 04-11-19
  • Category: AUTO SALES
  • Source: Bloomberg

Volkswagen AG’s Traton truck-making division echoed competitors in warning it’s “intensively” preparing for a much more difficult environment next year.

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