Photographer: Dean Hutton/Bloomberg

From Hitachi's Deal With Arm of South Africa's ANC to Power Cuts

Updated on
  • Delays in plant construction limit availability of electricity
  • Power shortages feed into South Africa's economic slowdown

Hitachi Ltd.’s $19 million settlement with the U.S. Securities and Exchange Commission provides insight into how the company became a crucial supplier to South Africa’s behind-schedule power plants that have yet to solve the country’s electricity shortage.

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