Power cuts cause biggest SA economy slump in a decade

[Bradley Prior]

Power cuts cause biggest SA economy slump in a decade

South Africa’s economy contracted the most in a decade in the first quarter as the nation suffered the deepest power outages since 2008.

The rand dropped and banking shares slumped. [Bloomberg]

 

[Lupus]

Shocked... I am, well I would've been if there was power.

 

[TheChamp]

https://mybroadband.co.za/forum/thr...in-first-quarter.1031137/page-3#post-23583493
No need for multiple threads.

 

[The_Librarian]

I feel for those businesses who still have to pay salaries etc but who can't afford a genny.

 

[Pineapple Smurf]

^ Lew, is that you?

 

[Willie Trombone]

*COUGH*
http://www.sabcnews.com/sabcnews/sa-economy-expected-to-show-signs-of-life-in-2019-moodys/

 

[Swa]

Can't be. Not with Cyril at the helm.

Where are all those people telling us how all that unseen investments are pouring into the country?

 

[Hemi300c]

And there is only one direction to point the blame and that's the anc government and their supporters

 

[antowan]

*COUGH*
http://www.sabcnews.com/sabcnews/sa-economy-expected-to-show-signs-of-life-in-2019-moodys/

LOL

LOL

LOL

 

[ɹǝuuᴉM]

LOL

LOL

LOL

I agree 101%
Moodys always was the least credible of the 3. In that respect they did not disappoint.

 

[Sneeky]

A good story to tell.