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By Reinhard Cluse and John Orford • Power shortages are due to under-investment and high downtime Power shortages reflect low reserve margins and poor plant availability due to high levels of unplanned maintenance. Planned energy capacity expansion and demand savings will boost reserve margins but this represents, in our view, a best-case [...] More on this topic (What's this?) Three challenges facing South Africa (Wall Street Sector Selector, 11/14/11) South Africa could also do with interest rate cuts (Wall Street Sector Selector, 11/8/11) Winter Strikes Help Boost This Metal’s Price (Investment U, 8/1/11) | |||||||||||
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