Triggering a rise in input costs, job cuts and production declines among firms, the intensifying electricity crisis presents the most prevalent economic risk to the metals and engineering industries.
The crisis is also stalling investment in the sector, a recent survey by the Steel & Engineering Industries Federation of Southern Africa shows...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.