[miningmx.com] – SOUTH African business was bracing for renewed power cuts as Eskom struggled under the strain of demand following the summer break during December, said Business Report.
The holiday period was important for Eskom as it was able to complete some urgent maintenance and replenish its resources, but the power utility said the system would be constrained again once schools and businesses reopened for 2015.
Vusi Khumalo, the president of the SA Chamber of Commerce and Industry, said more load shedding would negatively affect local businesses and their competitiveness. “The impact of load shedding is big and negative. If the industry suffers, the country suffers,’ said Khumalo.
Lynn McGregor, an expert on state-owned enterprises at the Stellenbosch Business School’s Centre for Corporate Governance, said power cuts would leave international investors asking questions whether the country had the infrastructure required for investment.
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