Africa in Focus: Eskom CEO-Designate De Ruyter to Take Up Post Early

The video discusses the challenges faced by Eskom, a South African utility company, including operational issues and a significant financial debt of 450 billion rands. The newly appointed CEO, Andre Director, is expected to address these challenges. The video then shifts focus to Morocco, where King Mohammed VI has called for a rate cut to boost the economy, but the central bank has maintained a steady interest rate of 2.25%. Despite a projected slowdown in economic growth to 2.6%, the central bank expects growth to rebound in 2020.

What is one of the main challenges facing the new CEO of Eskom?

• Expanding the workforce

• Managing Eskom's significant debt

• Reducing renewable energy sources

• Increasing electricity tariffs

Why did King Mohammed VI of Morocco call for a reduction in lending rates?

• To increase foreign investments

• To boost an ailing economy

• To reduce inflation

• To stabilize the currency

What was the central bank's response to the king's request for a rate cut?

• They increased the rates by 0.25%

• They reduced the rates by 0.5%

• They held the rates steady

• They abolished the interest rates

What is the projected economic growth rate for Morocco in 2020?

• 3.0%

• 2.0%

• Over 3.0%

• 2.6%

How long has the central bank maintained the interest rate freeze in Morocco?

• Three years

• Two years

• Five years

• Four years