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Molefe: No load shedding this winter

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Cape Town - There will be no load shedding this winter and next summer, Eskom CEO Brian Molefe said at a system status briefing in Cape Town on Thursday.

He said the power utility does not anticipate load shedding for the 2016/2017 financial year.  

Molefe also said the trust Moody's Investors Service (Moody's) has placed in Eskom is not misplaced. The power utility managed to stave off a downgrade by the ratings agency, but was assigned a negative outlook.

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