'Back in the 80s': SA in crisis, but energy investment drive could rival gold rush, says JP Landman

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SA is in a crisis reminiscent of the late 1980s, but investments in energy transition and load shedding solutions over the next decade could yet rival the growth explosion created by the discovery of gold and diamonds.

SA is in a crisis, but investments into the energy transition and beating load shedding over the next decade could rival the growth explosion that followed the discovery of gold and diamonds.

That's the view of well-known independent political and economic analyst JP Landman, who said on Wednesday SA is in many ways"back where we were in the late 1980s". Speaking at a panel discussion at the opening of the annual convention of the South African Property Owners' Association in Sun City on Wednesday, Landman said the trillions in rands that stand to be invested in energy, in the coming years, could yet be the silver lining the country has been looking for. Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month.

 

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