EDITORIAL: Power outages kill jobs

Picture: MIKE HUTCHINGS/REUTERS

Absa expects the data to show that the unemployment rate would edge up to almost 33%. It is not alone. At the risk of stating the obvious, rolling power cuts, which sometimes leave households and business with no electricity for up to 16 hours, eats into everything that powers the economy that has hardly grown for more than a decade.

Source: Financial Digest (financialdigest.net)

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