Saturday , 27 December 2025

Recent Posts

Flows to India stock funds drop as investors hold back

Bloomberg Inflows into Indian equity funds shrunk to the lowest in more than three years last month after the record-hitting rally in stocks despite a faltering economy gave investors pause. Stock plans received 13.1 billion rupees ($184 million) in November, according to the Association of Mutual Funds in India. That compares with 60.2 billion received in October, and is the …

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Record blackouts shut South Africa’s mines

Bloomberg Platinum and gold mines in South Africa stopped operations as the country was hit by record levels of rolling blackouts that are crippling key parts of the economy, threatening another recession. Producers including Sibanye Gold Ltd, the world’s biggest platinum miner, recalled workers from underground and stopped milling ore after state-owned power utility Eskom Holdings SOC Ltd announced it …

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Zimbabwe deepens power cuts to 24 hrs

Bloomberg Zimbabwe’s state-owned Zesa Holdings Ltd escalated power cuts to as long as 24 hours after losing regional power imports and local generation capacity remains critically constrained. The power utility has a non-binding agreement to import as much as 400 megawatts of power from South Africa’s Eskom Holdings SOC Ltd, which is unable to meet local demand and has implemented …

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