The power cuts by ailing state utility Eskom are one of the biggest challenges facing President Cyril Ramaphosa as he tries to revive investor confidence in Africa's most industrialised economy. The CSIR estimates planned power cuts, known locally as load-shedding, cost the economy up to 120 billion rand ($7.2 billion) last year. Eskom generates more than 90% of South Africa's power but has struggled to meet demand for years because of faults at its coal-fired power stations. Eskom last implemented planned power cuts last week. The CSIR predicts load-shedding will continue for two to three years, depending on the actions the government takes to address the electricity shortfall.

Source: bd News24 August 28, 2020 12:56 UTC