CATHERINE WIJNBERG: Load-shedding solutions for cash-strapped SMEs
Small businesses can collaborate and apply for grant finance to install a private power production plant or for renewable energy projects
This June SA experienced one of its worst periods of load-shedding, with four consecutive days of stage 6 rolling blackouts. The negative effect of the ongoing electricity disruption threatens the country’s economy.
It is estimated that in 2020 load-shedding cost the economy R500m per stage per day. This is particularly burdensome for small businesses, especially in manufacturing where the entire business depends on electricity to drive the machines. ..
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