The South African Chamber of Commerce and Industry said that from the outside it was not clear who is in charge at Eskom.
Load shedding in South Africa has a devastating and negative impact on business and the country’s economy, South African Chamber of Commerce and Industry CEO, Alan Mukoki, said on Friday.
On Wednesday, Public Enterprises Minister Pravin Gordhan said it was going to be a huge struggle to overcome the crisis, which he and senior Eskom officials partly blamed on a failure to maintain plants over the last five years, leaving the state utility with only 28,000 MW of electricity available against 48,000 MW of installed capacity.
On Friday, Mukoki said that Eskom and Gordhan did not assist business in gaining confidence that the country was “on top of the situation”, adding that the media conference identified and explained the problems but was “short on effective solutions”. “The high prospects of job losses, and damage that this is likely to cause to economic growth cannot be overstated. This crisis is draining enthusiasm and likely to lead to lower levels of investor confidence. We urge the government to put in the right, most competent and highly experienced people in resolving the problems of Eskom. This can no longer be business as usual.
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