LoadShedding

South Africa’s Power Cuts Decline Significantly as Electricity Supply Improves

16 days ago

In a significant turnaround, South Africa has witnessed an 83% decrease in the economic losses incurred due to power cuts, as the country’s electricity supply has stabilized recently. This notable improvement follows a tumultuous period marked by rolling blackouts that plagued both homes and businesses across the nation.

South Africa Temporarily Eases Power Cuts Following Year’s Worst Outages

1 month ago

In a significant development, South Africa has announced a reduction in power cuts that had plunged the nation into darkness and disrupted daily life. This decision comes on the heels of experiencing the most severe outages in a year, which had left citizens frustrated and resulted in widespread criticism of the government and the state-owned utility company, Eskom.

Economic Sentiment Dips in South Africa: Business Confidence Hits Record Low

2 months ago

In a disconcerting turn for South Africa’s economic landscape, recent surveys reveal that business confidence has plummeted to its lowest level since the devastating riots of 2021. This decline, primarily attributed to ongoing power outages and stagnant economic growth, signals increasing concerns among investors and business leaders regarding the nation's economic viability.

South Africa's Retail Sales Surge to Unexpected Two-Year High

4 months ago

In a surprising turn of events, South Africa's retail sales have experienced a significant boost, reaching their highest levels in two years. This unexpected uptick has sparked curiosity among economists and analysts, who are now grappling to understand the underlying factors driving this positive trend in the consumer sector.

Johannesburg Condemns Eskom's Threat to Cut Power Supply Amid Ongoing Energy Crisis

5 months ago

In a significant escalation of tensions between municipal authorities and the country’s key energy provider, Johannesburg officials have expressed strong discontent with Eskom’s recent threats to halt electricity supply to the city. This warning arises from Eskom’s ongoing struggles to manage its own operational challenges while meeting the energy demands of a nation beleaguered by power shortages.

South Africa's Unprecedented Power Stability: Seven Months Without Blackouts

5 months ago

In a landmark achievement for the nation's energy sector, South Africa has celebrated seven consecutive months without experiencing any blackouts, a stark contrast to the frequent outages that plagued the country prior to this turning point. This significant milestone reflects the government's ongoing efforts to stabilize the electricity supply amid long-standing challenges within the power grid and the wider implications for both the economy and daily life of its citizens.