The rand rose to the strongest level since February after Eskom biggest bondholder was said to have a rescue plan for the state-owned company.
Rand strengthens on reports of new Eskom rescue plan
Bloomberg - Are you a robot?
Rand strengthens as Eskom proposal soothes traders’ nerves - Moneyweb
Eskom Gets Rescue Option as PIC Proposes Debt-Equity Sw...
Prof Jonathan Moyo on Twitter: "1. "ESKOM POWET DEAL: CHASI IN SA" & 2. "RAMAPHOSA HAILS ZIM PROGRESS" #Herald
Apparently Mnangagwa misled Ramaphosa into believing that Zim has paid up its USD 33m @Eskom_SA debt when it paid only USD 10m. Lies can be costly!
PIC proposes Eskom debt-equity swap