Elevated levels of load-shedding in South Africa in 2023 could cost the economy R1.6 trillion in lost economic activity, according to Electricity Minister Kgosientsho Ramokgopa. This is R400 billion more than the previous year.
South Africa’s ongoing load-shedding is expected to cost the country’s economy R400 billion more than last year, according to the Electricity Minister Kgosientsho Ramokgopa.
Energy expert Clyde Mallinson has refuted South African Electricity Minister Kgosientsho Ramokgopa’s claim that the country lost 1,000 MW from the grid due to the decommissioning of the Komati Power Station.
Energy analyst Chris Yelland accused Electricity Minister Kgosientsho Ramokgopa of deliberately misleading South Africans regarding the closure of the Komati power station.
Former Eskom COO Jan Oberholzer has highlighted crime and corruption as significant challenges at the power utility. He believes that addressing these issues is essential for Eskom to function optimally.