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Daily Maverick

Eskom suspends Stage 3 load shedding after recovering 3,000MW capacity and emergency reserves. Minister apologizes for inconvenience, warns of economic impact. Outages at Koeberg and Kusile plants, missed maintenance deadlines contribute to power cuts. Eskom CEO cites lack of response room due to plant issues. Coal operations at Kusile back to normal, Koeberg Unit 2 recovery in progress.

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Daily Maverick

Minister Ramokgopa expressed concern over frequent power failures in South Africa, calling for accountability. Eskom implemented Stage 3 rolling blackouts due to 2,700MW capacity loss, the third incident in a month. Ramokgopa apologized for the inconvenience and highlighted the impact on public confidence and the economy.

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My Broadband

Investors warned by blockchain expert Carel de Jager to be cautious with crypto investments as stolen assets cannot be recovered. North Korean hackers steal $1.5 billion from Bybit, the largest crypto hack ever. De Jager calls it a massive loss surpassing all previous hacks in the industry.

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BusinessTech

Finance Minister Enoch Godongwana insists on raising the country’s VAT rate to sustain the Social Relief of Distress (SRD) grant. He argues that cutting the grant would eliminate the need for the VAT hike. The grant, initially a temporary measure during the pandemic, now faces expansion to a basic income grant by President Cyril Ramaphosa, necessitating additional funding.

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Daily Maverick

Thousands of university students face food insecurity as they graduate, struggling with hunger due to rising food prices, unemployment, poverty, and climate change. Stories from students at various South African universities highlight the impact on academic performance and mental wellbeing. The issue, often dismissed as anecdotes, is a growing problem affecting students’ future prospects.

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BusinessTech

Immigration expert warns South Africans considering Trump’s offer could impact future travel. Trump’s executive order freezes aid to South Africa, prioritizes resettlement of Afrikaners in the US as refugees due to alleged discrimination and violence. South African Chamber of Commerce president warns of skilled professionals leaving for US. Over 17,000 inquiries received in 48 hours.

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BBC News

Severe weather hits Australia’s eastern coast as Cyclone Alfred downgraded to tropical low. Body found in floodwaters, 13 military workers injured in vehicle crash. Residents warned to stay indoors as winds and heavy rains cause damage and power outages. Man missing in New South Wales presumed dead after being swept away in floodwaters.

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BBC News

Russian strike kills 11 in Dobropillya, near Donetsk, Ukraine reports. Attack damages eight buildings, leaves dozens injured. Coverage resumes on Ukraine developments. Recent political events include Trump-Zelensky row, European support for Kyiv, and plans for joint military expenditure borrowing in EU. US pauses military aid and intelligence sharing with Ukraine.

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