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ESKOM: These Charts Show How Much Trouble Eskom Is In

  • Date: 01-07-19
  • Category: ESKOM
  • Source: Bloomberg

South Africa’s planned $16-billion bailout for the ailing utility won’t come close to what’s needed

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AUTO PRODUCTION: VW Group commits suppliers to sustainability

A new Volkswagen Group sustainability ranking for its suppliers comes into effect today (1st July 2019).

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AUTO SALES: US Carmakers Likely Had Worst First Half of Retail Sales Since 2013

  • Date: 01-07-19
  • Category: AUTO SALES
  • Source: Bloomberg

Automakers may have had the worst first half for new-vehicle retail sales since 2013, with deliveries to fleet customers taking some of the sting out of weaker consumer demand.

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EMISSIONS: Behind the plunge in China auto sales: chaotic implementation of new emission rules

  • Date: 01-07-19
  • Category: EMISSIONS
  • Source: Reuters

Shanghai-based Buick dealer Ron Li in late April found himself in an unfamiliar quandary: how to sell off almost 80 sedans and sport-utility vehicles crowding up his dealership lot.

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PGM PROJECTS: Platinum Group Metals closes private placement

  • Date: 01-07-19
  • Category: PGM PROJECTS
  • Source: Mining Weekly

Dual-listed Platinum Group Metals (PTM) has closed a nonbrokered private placement with Hosken Consolidated Investments (HCI), an existing major shareholder of the company, for gross proceeds of $1.3-million.

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BATTERIES: Plans to bring production of lithium-ion battery home to South Africa

  • Date: 01-07-19
  • Category: BATTERIES
  • Source: Herald Live

An eyesore, a hazard to our health and one of the key obstacles in the way of the Port Elizabeth waterfront development – manganese has been badmouthed for it all.

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SOUTH AFRICA: Inter-union rivalry at the root of the Marikana Massacre was masked by politics

Ask Ben Magara, the former CEO of Lonmin about the Marikana massacre, in which 44 miners lost their lives in the course of inter-union violence and protest action during a week in August 2012, and that’s what you’ll hear.

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SOUTH AFRICA: Government Prepares $16 Billion Bailout Package for Eskom

What Happened: South Africa's government is planning to provide a $16 billion bailout to Eskom in its latest effort to stabilize the notoriously embattled public utility monopoly, Bloomberg reported June 30.

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