Jeffrey Schultz

Eskom's application, if approved in its entirety, would have seen electricity tariffs climb by as much as 16.6 percent, south Africa's electricity system remains extremely tight and, therefore, further electricity supply cuts later this year are not out of the question.

Jeffrey Schultz

The dichotomy between the monetary policy stances in the U.S. and UK and those in Europe and Japan, coupled with falling commodity prices and a weaker Chinese growth and activity outlook, makes for a rather lethal cocktail for emerging-market currency risk.

Jeffrey Schultz