Flash Briefing: Eskom weighs down Moody's; SA bonds sidestep EM jinx; Cosatu wants cabinet cut; Anglo

In today's business headlines:  Moody’s outlook on South Africa more gloomy as it includes Eskom in its calculations. South Africa dodges the emerging market bond jinx. Investors are hoping for a streamlined Ramaphosa cabinet with Mboweni in charge of Finance. Cosatu wants Ramaphosa to cut the size of the Cabinet to 26 ministers and 6 deputies. The DA should learn from British Prime Minister May's mistakes. And Anglo American will be building a new diamond-mining boat to operate off the coast of Namibia.