Published 2 years ago • loading... • Updated 2 years 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.

2 Articles

All

Left

Center

Right

News24

Center

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.

2 years ago·South Africa

Read Full Article

Bloomberg

Lean Left

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.

2 years ago·United States

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year

Stories disproportionately reported by the Left or the Right