Eskom’s load shedding could cut 0.9% off SA’s GDP - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Eskom’s load shedding could cut 0.9% off SA’s GDP via SABCNewsOnline

Political analyst Somadoda Fikeni has described the timing of the power cuts as suspicious

An American multi-national investment bank and financial services company headquartered in New York City, has warned that Eskom’s severe load shedding could cut 0.9% points off the first quarter of South Africa’s Gross Domestic Product. The Goldman Sach Group says if the current intensity of load shedding persists, it could subtract up to 0.9% points from South Africa’s annual growth.

 

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