Monetary Policy Committee cut the repo rate by 100 basis points: The Monetary Policy Committee (MPC) of the South African Reserve Bank decided to cut the repo rate by 100 basis points. This takes the repo rate to 4.25% per annum. The May 2020 meeting of the MPC was been moved earlier and took place today. – MyPE

OUTA seeks greater performance transparency from Eskom: PAIA application asks for technical information on operating and environmental performance Eskom has continued to receive bailouts and increasing tariffs over the last decade but has been less than transparent about exactly how its operations are conducted. Questions at public hearings held by the National Energy Regulator (NERSA) do not yield meaningful answers. After several … – MyPE

Climate change a risk to agricultural production: Climate change has presented additional risks to agricultural production and to farming enterprises. Increased weather variability has changed the production norms in agriculture, as a result it has had an impact on production plans and outcomes. We are faced with erratic rains, hail, unpredictable disease outbreaks and dry spells that affect the general performance of … – MyPE

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Author: Business News