5 important things happening in South Africa today

Here’s what is happening ins and affecting South Africa today:

  • What happens if too-big-to-fail Eskom defaults? Reserve Bank governor Lesetja Kganyago believes the local banking industry would be able to weather the blow – but pensions would definitely take a hit. The governor said that such scenarios have been stress tested at the central bank. [Bloomberg]

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5 important things happening in South Africa today