Ramaphosa Cuts Short Trip as Power Crisis Grips South Africa

  • Rand falls most in a month as recession risks increase
  • President to meet Eskom management on plans to resolve crisis
Cyril RamaphosaPhotographer: Waldo Swiegers/Bloomberg
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South African President Cyril Ramaphosa cut short a trip abroad to deal with an escalating crisis at the state power company, as week-long blackouts threaten to tip the economy into recession.