South Africa business activity little changed in September

NS fans turn up for Crosby's homecoming | SaltWireJOHANNESBURG - South African private sector activity held steady in September as firms scaled back output somewhat due to rolling power cuts and cost pressures but took on more staff, a survey showed on Wednesday.

Output contracted as the country continued to face its worst power cuts on record, the survey showed, adding however that employment rose for the second straight month.

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Main South Africa Power Union Calls to Suspend Climate Finance PactThe main labor union at South Africa’s state power utility called for the suspension of an $8.5 billion climate finance pact with some of the world’s richest nations as well as plans to break up Eskom Holdings SOC Ltd. into separate units.
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