News in South Africa 8th November: 1. Load shedding crisis: South Africa’s load shedding crisis could escalate as Eskom’s relationship with service providers, Tenova Mining and Minerals SA, has reportedly soured to the point that critical work at the Kusile power stations has stopped. A contractual dispute with Eskom has reportedly led to work on […]
News in South Africa 4th November: 1. Food prices continue to climb: Times are tough and are getting increasingly more difficult for consumers in South Africa. Petrol prices are rising almost on a monthly basis, often above inflation – and to a record high on Wednesday – while food prices continue to climb and Eskom […]
News in South Africa 3rd November: 1. Load shedding causing mass job loss: The ongoing power cuts in South Africa are expected to result in the shedding of at least 350 000 jobs, despite projections of 3.9% economic growth for 2021. This is according to a research report by accounting firm PwC, which notes that the return […]
