Economic growth in South Africa is expected to come in at 0.1% this year, lower than any other predictions in terms of GDP gains, if the International Monetary Fund’s (IMF) expectations are correct. The economy has already contracted, with a 1.3% decline in the last quarter of 2022, and economists are pointing to a recession within the next 12 months.

These are worrying times. Much of the economic decline is being caused by Eskom, with companies having no choice but to spend billions on installing alternative energy sources...

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