National Treasury will have little wiggle room to cut taxpayers any slack in the upcoming budget, and we have load shedding to thank for it, writesOur economy is on the brink of a recession, according to the SA Reserve Bank's latest growth forecasts. And this is before factoring in any external shocks.
It came as a surprise to many when SARB estimated that load shedding will shave off as much as 2% of economic growth in 2023. The rationale behind this is that load shedding throughout the next 18 months is expected to average at Stage 4 and above.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
miss_mthombeni _Business No no we have corruption, incompetence, nepotism etc to thank for it!
miss_mthombeni _Business Or LindiweSisuluSA SpursOfficial can walk away from that silly Billions sponsorship joke and save us taxpayers and invest in our South African Tourism Industry in better ways
miss_mthombeni _Business That’s just an opinion… Click bait