Load-shedding reduced size of South African economy by a fifth – economist

[Bloomberg]

Load-shedding reduced size of South African economy by a fifth – economist

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

 

[Lupus]

You don't say and our lovely government has done nothing

 

[LCBXX]

Fake news.

ANC Government policies, are.

 

[LCBXX]

You don't say and our lovely government has done nothing

It's difficult for journalists to tell the truth when they are slobbering over the ANCs cock.

 

[dualmeister]

Load-shedding & lockdowns.

 

[ScrooV]

That's only 20%. The 30%'ers are underperforming.

 

[WollieVerstege]

I know that loadshedding stages are a function of supply and demand, but imagine what level we would be on if our economy was 20% bigger than it is now. Is that the real loadshedding stage?

 

[RedViking]

Wow, would have thought it is much worse. I guess we will only feel it on paper once the mines and minerals tank completely, that which is left and not taken over by the mafia.

 

[RedViking]

I know that loadshedding stages are a function of supply and demand, but imagine what level we would be on if our economy was 20% bigger than it is now. Is that the real loadshedding stage?

They never include the possible growth that would have happened. Southern Africa has been in decline for so many decades they don't even bother with looking at growth.

 

[B-1]

The trends are easy to find in various places.

 

[grok]

The trends are easy to find in various places.


View attachment 1497423

Not one to defend the decline but isn't the scale of the vertical axis designed to exacerbate the declining curve and spread a fake narrative?

I mean yes it has come down from 385 to 318-ish which is undesirable but less than 20%, yet at first glance the graph suggests orders of magnitudes decline, which just isn't so..

 

[B-1]

Not one to defend the decline but isn't the scale of the vertical axis designed to exacerbate the declining curve and spread a fake narrative?

I mean yes it has come down from 385 to 318-ish which is undesirable but less than 20%, yet at first glance the graph suggests orders of magnitudes decline, which just isn't so..

It comes off a worldwide site listing exchanges so its probably more to save space especially for exchanges with thousands of listings. There is no article associated with it.

But you also need to account for growth so <20% negative growth but also comparable to other developing countries seeing positive growth.

 

[neoprema]

pales in comparison to how much our Gov cadres have reduced our economy by...

 

[3WA]

Just reduce the population by a quarter, then we're ahead.