Load shedding raises risk of second SA recession - Moneyweb.co.za

Load shedding raises risk of second SA recession - Moneyweb.co.za

Power cuts already hit the economy in Q1, when it contracted the most in a decade.

Eskom, the state-owned power utility seen by Goldman Sachs as the biggest threat to the countrys economy, started a fifth day of rolling blackouts on Monday due to further losses of generating capacity at its plants. While the power cuts are implemented to pr… [+2293 chars]

Read full article | Read comments

0 comments

More business news