Load-shedding scuppers metals and engineering investment of R2.5bn
The long-term implications are devastating for businesses in the sector, industry body Seifsa warns
26 March 2023 - 17:43
Triggering a rise in input costs, job cuts and production declines among firms, the intensifying electricity crisis presents the most prevalent economic risk to the metals and engineering industries.
The crisis is also stalling investment in the sector, a recent survey by the Steel & Engineering Industries Federation of Southern Africa (Seifsa) shows...
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