Economics

These Numbers Show How Much Eskom Hurt S.Africa’s Economy

  • Manufacturing production fell the most since 2014 in December
  • Unemployment rate remained at the highest in at least 11 years
A pedestrian walks across Nelson Mandela bridge at night in the central business district of Johannesburg, South Africa.Photographer: Waldo Swiegers/Bloomberg
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South Africa’s power cuts hurt the economy in the fourth quarter, and three data points this week show just how bad it was.