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AUTO SALES: China Car Market Heads for Unprecedented Second Annual Drop

  • Date: 09-12-19
  • Category: AUTO SALES
  • Source: Bloomberg

Car sales in China continued to decline in November, extending a historic slump and all but ensuring a second straight annual drop for the world’s biggest auto market.

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ELECTRIC VEHICLES: Germany Edges Out Norway as Europe’s Biggest Electric Car Market

Germany has pulled ahead of Norway for sales of all-electric cars since the start of the year, putting Europe’s biggest auto market in position to become the regional leader on an annual basis for the first time.

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ESKOM: Eskom announces Stage 6 load shedding

  • Date: 09-12-19
  • Category: ESKOM
  • Source: The South African

Brace yourselves, our load shedding dilemma is about to escalate into unprecedented terrain. Eskom announced Stage 6 load shedding.

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ESKOM: South Africa Hit by Record Blackouts, Raising Recession Risk

  • Date: 09-12-19
  • Category: ESKOM
  • Source: Bloomberg

South Africa’s state power company intensified rolling blackouts to a record, signaling a deepening crisis at the debt-ridden utility and raising the risk of a second recession in as many years.

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PGM PRODUCERS: SA mines shut operations because of Eskom

SA's mining companies shut their underground mining operations and processing plants on Monday night because of unprecedented power cuts by monopoly electricity supplier Eskom. BusinesLIVE reported that Impala Platinum, the world's third-largest platinum miner, and Harmony Gold both said they had stopped their night shifts because of the power shortages.

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AUTO SALES: Rise of SUVs 'makes mockery' of electric car push

The "immense" rise in sales of high-emission sports utility vehicles means they now outsell electric cars in the UK by 37 to one, research has found.

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ESKOM: Eskom wants to hike electricity prices even higher

  • Date: 08-12-19
  • Category: ESKOM
  • Source: My Broadband

Eskom wants R27.2 billion to be added to power tariffs to account for the amount under-recovered in the 2018/19 period, the City Press reports.

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CHROME: Samancor to cut chrome ore, ferrochrome output

  • Date: 06-12-19
  • Category: CHROME
  • Source: Mining Weekly

A continued deterioration in market conditions, depressed prices and higher electricity tariffs has prompted Samancor Chrome to reduce its chrome ore and ferrochrome production levels for 2020.

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