The Council for Scientific & Industrial Research recently revealed that we endured more load-shedding in September than in all of 2020, with most of the blackouts falling in the stage 4 category.
While load-shedding unreservedly threatens the growth and daily functioning of the general economy, it has become evident that far more attention needs to be paid to the manner in which it threatens the survival of township economies. Mpumalanga and the Northern Cape recorded the highest increase in crime rates, with 92% and 87.5% of survey respondents respectively sharing that they had seen an uptick in crime due to load-shedding in their province.
Up to 36% of respondents shared the need to purchase R200- R400 of additional data during September to avoid being disconnected from any online activities as a result of load-shedding. This increases the operational costs of businesses within our informal economy and prevents SA’s poorest from participating in the digital economy to grow and scale their businesses, especially when the additional spend on data is still unable to keep them connected to the online world due to poor reception.
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SIHLE THWALA | How SA could benefit from an informal-economy policy-focused approachPolicymakers must give the informal sector a fighting chance.
Source: TimesLIVE - 🏆 28. / 59 Read more »
SIHLE THWALA | How SA could benefit from an informal-economy policy-focused approachPolicymakers must give the informal sector a fighting chance.
Source: SundayTimesZA - 🏆 47. / 51 Read more »
Source: TechCentral - 🏆 8. / 71 Read more »