South Africa has gone more than 440 days without load-shedding, the last cut being 16 May 2025, and Eskom met demand 100% of the time from April to July. One hour of Stage 1 anywhere in the month resolves this Yes.
A YES bid at 10c and a NO bid at 86c meet when they add to 100. That pair funds one contract between them.
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This market resolves YES if Eskom declares any stage of national load-shedding, of any duration, at any point during the calendar month. It resolves NO in every other case.
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