Load shedding costs South Africa close to R1 billion daily

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Economy News

Load Shedding,South Africa,Economy

Acting Finance Minister Kgosientsho Ramokgopa reveals the impact of load shedding on the country's economy and crucial industries. The government's energy action plan is discussed.

Acting Finance Minister Kgosientsho Ramokgopa revealed that load shedding is causing the country to lose close to R1 billion daily. Crucial industries are being heavily affected by this crisis. The government's energy action plan includes addressing the reliability of Eskom's power stations, focusing on the Koeberg nuclear power station, and importing hydroelectric power from Mozambique.

 

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