Economics
Eskom Blackouts Raise Risk of Second South African Recession
- Economy more geared to services than production in December
- Mining companies allocate power to underground operations
Slow-moving vehicles line the streets as traffic lights stand without power during a load-shedding power outage in Pretoria.
Photographer: Waldo Swiegers/Bloomberg
This article is for subscribers only.
Sign up to our Next Africa newsletter and follow Bloomberg Africa on Twitter
South Africa’s flagging economy could face a second recession is as many years due to a new wave of nationwide power cuts.