Rolling blackouts more detrimental to the economy than COVID-19 pandemic: Energy Council SA - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The Energy Council of South Africa says the energy crisis is more detrimental to the country’s economy than the COVID19 pandemic. loadsehdding Eskom

[file image]man pulls a trolley as he walks past electricity pylons of the defunct Orlando Power Station in Soweto, South Africa, November 9, 2021. REUTERS/Siphiwe Sibeko[file image]man pulls a trolley as he walks past electricity pylons of the defunct Orlando Power Station in Soweto, South Africa, November 9, 2021. REUTERS/Siphiwe Sibeko

The Energy Council of South Africa says the energy crisis is more detrimental to the country’s economy than the COVID-19 pandemic.which has been failing to meet the nation’s power demand since 2008.stage four rolling blackouts during the day and Stage 6 in the evenings until further notice. It says it will implement Stage 4 daily between five o’clock in the morning and four o’clock in the afternoon.

The council’s CEO James Mackay says many companies will be forced to further cut jobs as country’s energy situation deteriorates. “We are rapidly just winding down the economic machinery in terms of industry. Even small, medium enterprises just can’t afford to a billboard. I have seen far too many examples of companies literally saying that if nothing is done to improve the situation in 2023, they are going to have to start cutting jobs. Really, we have to deal with a sense of urgency.”

 

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

Fix it

No kidding....

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

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Companies edge jobs cuts if energy crisis persists: ECSA - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The Energy Council of South Africa says many companies will be forced to cut more jobs as the country’s energy situation continues to deteriorate and with fluctuating rolling blackout stages. loadshedding Eskom Loadshedding is one of the reasons i am unemployed today PresidencyZA CyrilRamaphosa MYANC Just like we fought to get on this traumatic side of democracy, I think we brave men and women are going to die again to get us back to that side again of the white govt. What do you think we should do ? It's over 😏.
Source: SABCNews - 🏆 37. / 51 Read more »