Water outages cost a food plant 25 production shifts and contributed to a R17 million profit shortfall, illustrating how political instability and weak municipal investment are reaching corporate balance sheets.
The acquisition gives China’s largest auto exporter an installed South African platform for plug-in hybrids, battery vehicles and Jetour models as Chinese manufacturers move closer to African consumers.
Twenty-five turbines entered commercial operation in the coal heartland, opening the first phase of a planned 900 MW rollout backed by R25 billion of committed investment and further wind, solar and storage projects.
