USDZAR Up or down ?
Please do not use these as trading signals
What do you think is it going up or down ?
I still think the $dollar is going to crash hard
What do you think is it going up or down ?
I still think the $dollar is going to crash hard
The United States Government has advised its stakeholders in South Africa to start thinking about disaster management plans for a total collapse of Eskom’s power grid.
Although a blackout remains unlikely, the risk has increased due to how unreliable Eskom’s coal fleet has become. This is evident by the higher levels of load-shedding South Africa is experiencing.
The consequences of a total blackout would also be devastating, making it worth preparing for even if the likelihood is low.