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Cas Coovadia and James McKay | Eskom crisis: Economic damage is a disaster in the making

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Many SMEs are struggling due to continued load shedding.
Many SMEs are struggling due to continued load shedding.
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It is estimated that prolonged Stage 6 load shedding wipes out approximately R4 billion from the gross domestic product each day, far surpassing the economic impact of Covid-19, write Cas Coovadia and James McKay.

Energy is fundamental to the functioning of any modern economy. It underpins our very way of life and basic service delivery.

The current levels of load shedding indicate a complete collapse of our energy system, and is causing significant loss and damage to our economy, to businesses and to society.

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