Eskom power blackout rekindles concern over South Africa ratings
INTERNATIONAL – Eskom Holdings SOC Ltd., the state-owned South African utility that provides about 95% of the nation’s electricity, implemented power cuts on Wednesday amid maintenance problems.
The rand weakened as investors fretted about the effect on economic growth.
Power shortages have been a major constraint on output in Africa’s most industrialized economy.
Source: iol.co.za