'We thought Covid was bad': Business owners fume as load shedding hits profits | News24

  • 📰 News24
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 80%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

South Africans' annoyance at power cuts has given way to worry, with business owners complaining that the prolonged energy crisis for which no end is in sight is eating into profits and hobbling economic activity.

At Native Rebels, a colourful second-floor bar flanked with a large balcony inSoweto, the cost of running a generator to keep lights on for weeks has been a huge burden, co-owner Masechaba Nonyane said.

The crisis was exacerbated by a labour dispute at Eskom's coal plants. The dispute was resolved earlier this month as Eskom agreed to a pay raise for its striking workers -- but power cuts have yet to significantly abate."Load shedding will lead to further job losses, which will lead to lower production. It will affect spending. It will further affect economic growth," said Ismail Fasanya, senior lecturer of economics at the University of the Witwatersrand.

While details remain unclear, the president said one solution might entail setting up other state-owned power utility firms to compete with Eskom, which currently generates more than 90 percent of the country's energy.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

At least government employees are getting increases

They are yanking us with these Chinese second hand ban export asics miners of which tonnes have made their way from china over the years during their mining bans. US company once bought 3.5 tonnes. They weigh probably 4 kilo's each and draw excess of 1500 watts per unit.

Eskom , and the car is clearly south africa.

Must be the most stupid nation in the world to allow the continuance of a government that has destroyed working institutions that provide basic services...oh, wait, Sri Lanka just got rid of their president...ok, now we're the most stupid...please note, you need total gov change.

It's a national disgrace. The absolute minimum a government should do is keep the lights on. This is way worse than the pandemic. Where's the multiple family meetings about this Cyril?

Who would have thought...

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 4. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen