SA Chamber of Commerce says Stage 6 blackouts could lead to job cuts

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Experts have warned of the dire consequences if Eskom continues with power cuts. The SA Chamber of Commerce has stated that companies could be forced to retrench workers if nothing is done about the loadshedding crisis. Eskom stage8 Stage6

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"I think anything beyond the inflationary increase is unaffordable for South Africans and the fact the energy itself is not available, Stage 6 means that half of the day is not available for any economic activity.So this is unjustifiable. We as business are calling for only an inflation linked increase anything beyond that is making the public pay for Eskom’s losses.", Xulu added that companies could resort to firing staff as they don't need much staff anymore.

"What this means is that workers are going to start being laid off from operational requirements because they do not need all those workers. We do forecast job losses, halt in investments and we are going to have a tough time with this indefinite load shedding Stage 6."

 

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