A man walks along pylons during loadshedding.
Economic analyst Lebohang Pheko says the government lacks continuity in its implementation of measures aimed at addressing the country’s energy crisis. South Africa’s energy grid has been experiencing a notable collapse in generating capacity, with Eskom and government officials saying the solution lies in the construction of additional power stations and generators.
However, rating agency Fitch warns that the energy crisis in South Africa could adversely affect the country’s credit rating.“The African Development Bank has developed some of the most interesting ideas that are cutting edge. There are many energy experimental policies out there but none of these seem to be domesticated and none of these seem to be finding any possibility of being used on the ground.
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Source: ITNewsAfrica - 🏆 27. / 59 Read more »