Eskom’s journey out of crisis is moving very slowly.
Despite the government’s ‘best efforts’ to address South Africa’s load shedding crisis with a sense of urgency, rolling blackouts are unlikely to end any time soon – and definitely not within the 12 to 24-month timeframe put forward by politicians.
“Load-shedding will likely worsen in the second and third quarters as demand for heating increases over the winter while the electricity supply remains severely constrained. It is becoming clear that the electricity crisis will not be resolved quickly,” he said. This lack of improvement is also despite enormous fiscal support over the past decade amid persistent allegations of deep-seated corruption at the power utility.
Given the lack of progress at Eskom, load-shedding will probably persist for the next three to five years, Khosa said. According to Intellidex analyst Peter Attard Montalto, load shedding in South Africa is definitely nowhere near being resolved.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Winter load shedding is going to be worse than you expect, analyst warnsSouth Africa is facing the worst load shedding ever.
Read more »
What to expect at MTN Bushfire 2023 | City PressIf you're looking for a music festival that celebrates the diversity and creativity of Africa, look no further than MTN Bushfire
Read more »
Extremely high fire danger conditions expected in parts of Western Cape | The CitizenGauteng residents can expect fine and warm weather.☀️WeatherReport TheCitizenNews
Read more »
Massive electricity price hike on the cards for Tshwane – as power issues persistTshwane residents can expect to pay a lot more for what little electricity they can get in the coming months.
Read more »
'There’ll be no stone left unturned': Cele says more people will be arrested for Thabo Bester’s escape“We believe, by the look of things, that many people will have to answer on this matter. As the investigation continues, you will expect that more people will be arrested.”
Read more »