South Africa's Eskom Says Immediately Implementing Blackouts

(Bloomberg) -- Eskom Holdings SOC Ltd. said it is immediately starting rolling blackouts for the next two hours.

“Acts of intimidation and sabotage have resulted in Eskom being unable to ensure uninterrupted power supply,” Khulu Phasiwe, Eskom’s spokesman, said via his Twitter account on Thursday.

Wage talks with unions broke down last week after Eskom, which is working to improve its financial situation under a new board and chief executive officer, insisted it can’t afford pay increases. Unions began protests this week. Eskom last implemented rolling blackouts in 2015.

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