Easing of power cuts is likely to have boosted GDP
‘Peak pessimism’ spurred Eskom and the government to bigger mitigation efforts, says economist
04 September 2023 - 18:45
The SA economy is likely to show positive growth again in the second quarter, avoiding a contraction — with economists saying the expected lift in economic activity comes from moderate power cuts in June, compared with April and May.
This led to a better performance by energy-intensive primary and secondary sectors...
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