City Power says losing about R3.6 mln daily due to damages caused by blackouts in Jhb - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

City Power says it is losing about R3.6 million per day as a result of the rolling blackouts. Eskom has implemented stage four rolling blackouts on Tuesday morning, citing a breakdown of five generators at five different powerstations.

on Tuesday morning, citing a breakdown of five generators at five different power stations.

“We are under extreme pressure due to this load shedding and obviously we have had to conduct some desktop study to see how much we are losing to load shedding. We realized that we are losing about R3.6 million per day due to load shedding.” Meanwhile, on Monday, the Presidency said President Cyril Ramaphosa continues to have faith in the management of power utility Eskom as South Africa continues to endure rolling blackouts.

The effects of rolling blackouts have been felt more by small businesses that struggle to keep up with the increasing input costs during the power cuts.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

City Power has been saying this for the last 10 years, why aren't they coming with solutions instead of complaints. With this R3.6 million they must use it to hire a security personal which will safeguard the infrastructure, but they won't cause they are lying

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:

 /  🏆 37. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines