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Load-shedding to cost South Africa R1.6 trillion in 2023

Load-shedding to cost South Africa R1.6 trillion in 2023

by Total Grid Collapse | Aug 11, 2023 | SA News

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 unemployment and social unrest ‘ticking time bomb’

South Africa’s unemployment and social unrest ‘ticking time bomb’

by Total Grid Collapse | Jul 27, 2023 | SA News

The United Nations Development Programme (UNDP) has warned that South Africa’s high unemployment rate, particularly among the youth, is a “ticking time bomb” that could lead to social unrest.

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