South Africa

Thanks, Eskom. This load-shed misery is going to cost SA R2bn a day

17 October 2019 - 07:00 By Lisa Steyn
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The return of load-shedding comes as president Cyril Ramaphosa is at pains to reassure potential investors of growth prospects.
The return of load-shedding comes as president Cyril Ramaphosa is at pains to reassure potential investors of growth prospects.
Image: Prapan Ngawkeaw/123RF

After 206 days without power cuts, SA again plummeted into darkness on Wednesday when Eskom implemented stage two load-shedding in a bid to protect the system from total collapse.

It was a huge wake-up call for the markets.

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