Eskom Says South Africa Power Plight May Run Until Month-End
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Eskom Holdings SOC Ltd. said South Africa’s power system will remain constrained until the end of the month even as the utility told its biggest clients to cut use by 10 percent for a second day in a bid to avoid blackouts.
The company today extended emergency measures announced yesterday that caused the rand to weaken against the dollar and the platinum price to rise after the utility lost generating units. South Africa is the world’s biggest platinum producer.