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Power cuts slashed potential size of SA's economy by a fifth, says PIC

Summary by Ground News
load shedding has had a devastating impact on SA's growth prospects. Power cuts have reduced the potential size of South Africa's economy by almost a fifth. Eskom has imposed rotational blackouts on more than 200 days in 2022 and almost every day this year. The central bank has estimated that the energy crisis will shave 2 percentage points off growth.
Published 2 months ago · South Africa

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