Eskom halts energy supply from wind producers as demand falls

Corruption 'all but collapsing' public healthcare, warns watchdog amid coronavirus chaos |  Mary Oppenheimer and daughters donate R1 billion to Covid-19 Solidarity Fund

Daybreaker Wednesday, 01 April 2020 Eskom halts energy supply from wind producers as demand falls There has been a reduction in demand of some 7 500 MW since the beginning of the lockdown period. Read More Top Stories Corruption 'all but collapsing' public healthcare, warns watchdog amid coronavirus chaos Corruption was a "major" contributing factor to the continued deterioration of the public healthcare system in 2019, according to the latest annual report from Corruption Watch. Mary Oppenheimer and daughters donate R1 billion to Covid-19 Solidarity Fund 'Until this pandemic passes, our country will experience enormous difficulties and hardships,' says the family. Moody's cuts Sasol deeper into junk, but shares rise on fuel hedging Sasol sees a further downgrade of Ba2 from Moody's, and another downgrade of BB from S&P, all within a month. Coronavirus | 'These are tough times, and they require dramatic action' – Naspers CEO Naspers will be making available some of its facilities in vulnerable communities to serve as hospitals in government's efforts to manage the Covid-19 crisis. Labour minister's plea to employers: Don't shift 'burden' of coronavirus onto workers Employees being forced to work during the 21-day lockdown even though they are not regarded as essential service providers, can report their employers to the SA Police Service. MTN to move ahead on Nigeria stock sale amid market turmoil MTN will push on with a plan to reduce its majority stake in the wireless carrier's Nigerian business, though turmoil caused by the coronavirus may require the sale to be done in smaller chunks than anticipated. Water crisis could sabotage Zimbabwe's coronavirus lockdown Buckets and jerrycans in hand or in wheelbarrows, dozens of Zimbabweans stand close to each other in a long queue, patiently waiting at a borehole in Harare's middle-class Mabelreign suburb to collect water. Telkom to take on SARS in ConCourt over tax judgment An adverse ruling passed in March has significant implications for Telkom's cash flow. Retailers given chance to explain lockdown price hikes The Competition Commission says it is prioritising the investigation of cases of overpricing of essential goods by certain retailers during the lockdown period, and businesses have been given a chance to respond to the allegations. New leadership will propel Sanlam forward, says outgoing CEO The outgoing Sanlam CEO and chairman say they have no doubt that the new recruits who were announced on Tuesday morning will take the company to new heights. And their remuneration will be based on what they've personally contributed to the business rather than how market forces affect the company. Special Focus OPINION | Disasters and downgrades - SA's diary of a bad year MONEY CLINIC: How to avoid late joiner penalties on your medical scheme Solly Moeng | Rock bottom is a great place for a fresh start BOOK EXTRACT | Bruce Whitfield: South Africa isn't just unequal - it's unfair Market Data CURRENCIES ZAR/EUR R 19.73 -0.48% ZAR/GBP R 22.16 -0.27% ZAR/JPY R 0.17 -0.51% ZAR/USD R 17.84 -0.94% ZAR/AUD R 10.95 -0.16% COMMODITIES Gold 1581,4 0.63% Silver 13,986 0.40% Palladium 2310 1.25% Platinum 729 1.39% Oil 25,77 -0.27% SA INDICES Financial 15 9379,84 7.03% All Share 44490,31 2.48% Industrial 25 64676,96 2.29% Resource 10 36485,59 0.49% Top 40 40738,57 2.47% Gold Mining 2953,89 -6.30% FUNDS & ETFS New Gold Issuer Ltd 1.83 (0.86%) Satrix 40 Portfolio -1.03 (-2.02%) Satrix FINI Portfolio -0.39 (-2.39%) Satrix INDI Portfolio -0.96 (-1.37%) More From Fin24 Companies Tech Markets Opinion

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