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Johannesburg Needs $1.6 Billion for Power Supply, Mayor Says
- South African cities are seeking to source own electricity
- Eskom is unable to supply South Africa’s power needs
The Johannesburg skyline.
Photographer: Waldo Swiegers/BloombergThis article is for subscribers only.
Johannesburg, South Africa’s biggest city, needs 26 billion rand ($1.6 billion) to stabilize power supply by 2030 as recurrent outages inhibit economic activity, Mayor Mpho Phalatse said.
South Africa has been hit by intermittent power cuts since 2008 because Eskom Holdings SOC Ltd., the state power utility, can’t meet demand. The country is on course to have a record number of outages this year.