According to Matthew Cruise, head of business intelligence and public relations at Hohm Energy, South African residents should expect load-shedding to continue for the next decade, and its intensity may even double over the next five years.
South Africa’s energy crisis, characterized by frequent power cuts or load-shedding, has had a more significant impact on the country’s economy than initially expected.
According to Investec economist Lara Hodes, wealthy and skilled individuals are leaving South Africa due to concerns about crime, power cuts, political uncertainty, and economic challenges.