Published 1 year ago

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.

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News24

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

Power cuts have reduced the potential size of SA’s economy by almost a fifth since they started being imposed around 2008, according to an energy specialist at Africa’s biggest fund manager.

1 year ago·South Africa

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Bloomberg

Power cuts have reduced potential size of SA economy by a fifth: PIC

Blackouts have reduced the potential size of SA’s economy by almost a fifth since they started being imposed around 2008, according to an energy specialist at Africa’s biggest fund manager.

1 year ago·United States

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