The inability of Eskom to meet demand is not only hurting South Africa but affecting manufacturers on an island more than 3 200km away. | News24_Business
Sales to South Africa of manufactured goods from Mauritius fell almost 29% to 2.07 billion rupees in the final quarter of last year, compared with the prior three months.
The Foschini Group in March estimated the outages cut its retail revenue for the 2023 financial year by about R1 billion rand and robbed it of 345 000 trading hours in the 11 months through Feb. 28. the utility is only expected to return to “healthy energy availability” by March 2025.In times of uncertainty you need journalism you can trust. For 14 free days, you can have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features.
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