Breakfast Edition: 16 July 2015
LOADSHEDDING IS BACK: Eskom has already sent out the warning of a high probability of load shedding for today. Meanwhile, the NUM says acting Eskom CEO Brian Molefe shouldn't continue to have any more power. The Mine Workers Union's Livhuwani Mammburu is up in arms over reports that Public Enterprise Minister Lynn Brown is considering either extending Molefe's contract, or make him permanent. The NUM released a statement saying that they do not support the views expressed by the Public Enterprise Minister to employ the current Acting Eskom CEO Brian Molefe on a permanent basis or extend his contract. "As the NUM, we want to put it categorically clear that Eskom board has never informed us that they had extended Brian Molefe's contract."
LOADSHEDDING PIC
GREEK BAILOUT PLAN: Eurozone finance ministers are expected to hold a teleconference this morning to discuss the latest developments in Greece, the morning after fire and anarchy in the streets in front of the Greek Parliament in Athens. MPs succeeded in voting in favour of sweeping financial reforms, in exchange for a new - and third - bail out by Euro Zone. Prime Minister Alexis Tsipras made the final plea before voting took place late last night.
POTUS WEIGS IN ON COSBY SCANDAL: US President Barack Obama has weighed in on the Bill Cosby sex assault scandal, implying the 77-year old comedian could be guilty of rape. Cosby is facing more calls for his prosecution, with 20 women who have come forward accusing him of drugging and then sexually assaulting or raping them over 4 decades.
MORE PLUTO IMAGES EMERGE: Icy mountain ranges can be seen rising from Pluto's surface, according to the first close-up images released Wednesday from NASA's New Horizon's spacecraft after its historic of flyby of the dwarf planet. The mountains' elevation reaches 11,000 feet (3,400 meters), the US space agency said, or about as high as the Rocky Mountains. Scientists were also stunned to see a close-up section of Pluto that showed no sign of craters, despite its home in the Kuiper Belt, the region beyond Neptune where cosmic debris is constantly pelting Pluto and its five moons.
CAITLYN WOWS AT THE ESPYS: Olympic champion Caitlyn Jenner issued an impassioned plea for transgender acceptance last night in her first public appearance since coming out as a transgender woman. Formerly Bruce Jenner, the US decathlon champion of the 1976 Montreal Olympics, Caitlin Jenner wore a bright white dress by Beyonce's designer and seized the moment for transgender advocacy as she collected the Arthur Ashe Courage Award in Los Angeles.
FINANCIAL INDICATORS:
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