ANC secretary-general Fikile Mbalula has conceded his party is responsible for the electricity crisis of almost two decades that has become a huge threat to economic growth.

Market watchers have flagged the crisis as one of the major factors denting SA’s economic prospects. The Reserve Bank calculated that load-shedding will shave off 2 percentage points of growth in 2023. This means growth is now expected at 0.3% instead of 2.3%...

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