The new budget only kicks in in April, and Eskom has requested a R19.5bn lifeline. eNCA's Anlie Hattingh spoke to Chief Economist at the Bureau for Economic Research, Hugo Pienaar.
JOHANNESBURG - It's been a dark January so far, with Stages 4, 5 and 6 rolling blackouts for most of the month.
Eskom has been relying on emergency-powered open-cycle gas turbines to prevent a total collapse of the grid.SA's Electricity Crisis | Blackouts persist despite meetingsThe government says it can't cough up that amount of cash, but what of the growing cost to the economy that rolling blackouts continue to take?Source
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