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Good news about load-shedding
The cost of power cuts to South Africa’s economy plunged 83% last year as supply stabilized, a Council for Scientific and Industrial Research report showed.
The economy forfeited 481 billion rand in output due to the outages, known locally as loadshedding, down from as much as 2.9 trillion rand in 2023 when there were record blackouts, according to the report released Monday.
The cost of power cuts to South Africa’s economy plunged 83% last year as supply stabilized, a Council for Scientific and Industrial Research report showed.
The economy forfeited 481 billion rand in output due to the outages, known locally as loadshedding, down from as much as 2.9 trillion rand in 2023 when there were record blackouts, according to the report released Monday.