South Africa's Ramokgopa Expects State Intervention on Power Prices [BNN Bloomberg (Canada)]
STANDARD BANK GRP SP/ADR (SGBLY)
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Source: BNN Bloomberg
“There could be a policy intervention we could make to provide some measure of relief,” he said at a Standard Bank Group Ltd. conference on Wednesday. In addition to preserving the financial viability of Eskom “we don't want to undermine the ability of the economy to grow” and we don't want totks push the poor deeper into poverty,” he said. “We will make an announcement,” he said. ©2024 Bloomberg L.P.
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