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Power cuts cost manufacturing sector R6bn

Dec 09 2014 07:59

Cape Town - South Africa's chronic power shortages have cost the steel and engineering sectors R6bn in lost output, an industry body said on Monday.

Power utility Eskom has started a series of power blackouts across the country over the last three weeks due to decades of under-investment in new power generation and maintenance on current infrastructure.

The Steel and Engineering Industries Federation of Southern Africa said in a statement that the electricity shortages were damaging South Africa's reputation as an investment destination and causing "untold harm" to its economy.

READ: Eskom briefing on outages

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energy crisis  |  load shedding

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