Expect load shedding to get worse, electricity minister warns

South Africa News News

Expect load shedding to get worse, electricity minister warns
South Africa Latest News,South Africa Headlines
  • 📰 BusinessTechSA
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 61%

Load shedding could get worse as South Africa heads to winter, electricity minister Kgosientsho Ramokgopa warns.

South Africa’s newly appointed electricity minister warned that record electricity outages could get even worse and said the state power utility’s performance targets need to be reviewed to determine whether they are appropriate.

Africa’s most-industrialized nation has been subjected to rolling blackouts every day this year as Eskom Holdings SOC Ltd., the state company that supplies about 90% of the nation’s electricity, fails to meet demand from its dilapidated plants. Ramokgopa will visit power stations and meet with business representatives to determine firsthand how much-unutilized generation capacity can be connected to the grid and how quickly — an assessment that should take about four weeks. Thereafter, he intends to release a detailed plan spelling out how much additional power will be brought online and over what timespan.

The central bank estimates that outages, which have been instituted since 2008, will shave 2 percentage points off growth this year. The blackouts have dented support for the governing African National Congress, with opinion polls showing the party is in danger of losing its parliamentary majority in next year’s elections.

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:

BusinessTechSA /  🏆 24. in ZA

South Africa Latest News, South Africa Headlines

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

South Africa: New Discovery - Fossilised Giant Zebra Tracks Found in South AfricaSouth Africa: New Discovery - Fossilised Giant Zebra Tracks Found in South AfricaAnalysis - Tens of thousands of years ago, a huge horse species walked, trotted and galloped across the shifting sands of what is today South Africa's Cape south coast.
Read more »

Even in the dark, South Africa continues to surpriseEven in the dark, South Africa continues to surpriseBattered and beaten by load shedding, South Africa’s economy is still offering glimmers of hope.
Read more »

South Africa has reached a new low – and it could get worse: Reserve BankSouth Africa has reached a new low – and it could get worse: Reserve BankThe deputy governor of the country’s central bank paints a bleak picture of South Africa’s economy.
Read more »

Africa: Russia Sanctions a Boon for Chinese Arms Sales to Africa?Africa: Russia Sanctions a Boon for Chinese Arms Sales to Africa?Russia has long been the biggest exporter of arms to sub-Saharan Africa, but a new study indicates Western sanctions are making it harder for Moscow to sell weapons, opening the door for more Chinese-made arms.
Read more »

Emerging-market funds wary of China may turn to South Africa, investors sayEmerging-market funds wary of China may turn to South Africa, investors sayThe eclipse of Russia as an emerging market narrows the field for fund managers. Suspicions that China may be supplying Russia with military equipment for the war in Ukraine underscore the need for investable alternatives.
Read more »



Render Time: 2025-02-24 07:34:49