Chance of grid collapse has increased, says Nedbank economist | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 80%

Business News News

Business Business Latest News,Business Business Headlines

Nedbank's chief economist, Nicky Weimar, said many people have been roped in to plan for the operational risk of a possible grid collapse, so that banks can keep people's money safe. | News24_Business

South Africa tinkered on the brink of a total blackout in February, say local economists, and they think that reduced load shedding in the past few weeks is bad news.

, even though there was no formal announcement from Eskom.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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines