Despite the recent break from load-shedding, the South African Reserve Bank expects 200 more days of load-shedding in 2024.
The South African Reserve Bank expects around 200 more days of load-shedding in 2024, despite the past few weeks having been power cut-free.for April, which said load-shedding is expected to decrease gradually in the next three years but will still be a significant drag on growth.
This improvement will be underpinned by the ongoing private investment in renewable energy generation and increased maintenance by Eskom. Swilling told SABC News that South Africa does not have an Eskom crisis but a national electricity system crisis. “No Eskom official can put their hand on their heart and say tomorrow morning we will continue to have no load-shedding because there’s a lot of instability – anything can happen tomorrow.”
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