Load-shedding far worse for economy than stated
Load-shedding, the controlled power outages in South Africa, is having a more severe impact on the economy than officially estimated, according to Kevin Lings, chief economist at Stanlib.
Load-shedding, the controlled power outages in South Africa, is having a more severe impact on the economy than officially estimated, according to Kevin Lings, chief economist at Stanlib.
South African households are already burdened by high costs and cannot afford another interest rate hike, according to Samuel Seeff, Chairman of the Seeff Property Group.
The threat of rising food prices looms over South Africa and other emerging markets as weather patterns undergo significant changes.