Load shedding has been moved to stage 4 on Sunday.
Blackouts will move to stage 4 from 09h00 on Sunday morning and will remain at that level until further notice. Eskom added that it would provide a full statement in due course.
However, the recent high levels of load shedding and unpredictability of Eskom’s grid has parked fears among key industries within South Africa’s business sectors, with manyWhile The South African Reserve Bank stressed that it is unlikely that a regional or national grid failure could occur, higher and longer stages of load shedding have pushed industries such as the telecom, retail, mining and financial services sectors to execute scenario planning to keep staff safe and services running in...
According to the publications report, MTN has set up “war rooms” to ensure critical sites remain operational and the JSE has enough diesel to run its operations for seven days. Mines have also installed generators to ensure mineworkers can be brought to the surface, and the Reserve Bank this week disclosed it was working with the financial sector and other industries to plan for the event of a grid collapse, said the Sunday Times.
This includes several food manufacturers and retailers, such as Tiger Brands, Pick n Pay, and Dischem, which have been forced to spend millions on backup power utilities.
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