Electricity generated in November dims but there’s a glimmer of hope
SA can expect a shortfall of about 2,000MW a week, though Old Mutual notes some positives
16 January 2024 - 14:54
Electricity production declined in November as rotational power cuts increased in the month, adding pressure on economic activity as well as business confidence.
Stats SA data released on Tuesday shows electricity production for the month fell 3.3% year on year. It also deteriorated 2.7% on a monthly basis, which RMB analysts said was due to an increase in load-shedding to 630 hours in November from 263 hours in October...
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