The economic cost of South Africa’s rolling blackouts

pCloud Premium

Electricity blackouts in South Africa not only leave millions in the dark – they cost companies millions of dollars in lost business.

The state-owned power utility has money problems of its own – being billions of dollars in debt and mired in corruption allegations.

Critics say bureaucratic hurdles are making it impossible to plug in alternative sources of power to keep the lights switched on.

Fahmida Miller reports from Johannesburg.

The economic cost of South Africa’s rolling blackouts

Electricity blackouts in South Africa not only leave millions in the dark – they cost companies millions of dollars in lost business. The state-owned power utility has money problems of its own – being billions of dollars in debt and mired in corruption allegations.

pCloud Premium

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.