Markets
Power Cuts in South Africa Deepen to Worst Level Since 2019
- Eskom to cut 6,000 MW of power for six hours from 4pm
- Utility blamed protests by workers for ramping up power cuts
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South Africa is being hit by the worst power outages in more than two years as the state electricity company contends with multiple plant breakdowns after illegal protests followed a deadlock in wage negotiations.
Eskom Holdings SOC Ltd., which generates the vast majority of the nation’s power, will implement 6,000 megawatts of cuts for six hours from 4 p.m. on Tuesday and again on Wednesday to prevent a complete shutdown of the grid. That’s sufficient energy to supply almost 4 million South African homes.