'If Stage 6 lasted a cumulative 24 hours, economy likely to lose R12 billion'

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Eskom announced on Tuesday afternoon that load shedding would be escalated to Stage 6 from 4 pm until 10 pm on both Tuesday and Wednesday.

The beleagured power utility says it's under increased pressure because of an illegal strike at some of its plants.Public Enterprises Minister Pravin Gordhan has now said an agreement's been reached with unions to bring the strike at Eskom to an end.Eskom hits us with stage 6 load shedding on Tuesday and WednesdayStage 6 load shedding equates to at least six hours without power per day, possibly in two-hour cycles.

Chris Yelland, Energy analyst and MD - EE Business Intelligence Are we edging closer to the reality of Stage 8 power cuts? Just to give you a sense of what this might mean, if the Stage 6 lasts for a cumulative 24 hours... the different power shortages that would accumulate... it means the economy is likely to lose about R12 billion.I'm not saying this going to last for a full month... but just to quantify the magnitude, if were to have Stage 6 for a cumulative month that's R367 billion or 15,600 jobs at risk...

 

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Economic treason

Less than what the ANC steals.

Ramaphosa🐃 De Ryte🐷 Jamnandas👳🏾‍♀️ Mantashe🤰🏽 They all must futsek!

De Ruyter and PhalaPhalaFarmGate Chair be doing a sterling job. Eskom Stage 6 probably looking at Stage 7....

If this was a business the company would have been liquidated and put out to pasture. When is the leadership of this country going to wake up and pay attention. Next hurdle is fuel increase and food costs.

Brought to you by the useless ANC

VoetsekANC

What impact will it have on unemployment... poverty... inequality? Crime is go out the roof!!! We can no longer tolerate the incompetence by Cyril Ramaphosa, Pravin Gordhan, and most of cabinet but Dr Aaron Motsoaledi. HomeAffairsSA is on track! The rest needs to be sacked +CR

Explain

It's more than that and u knw it...

Now we wait for you to find a way to blame the minority.

Thank the non-patriotic workers. Unions are known to be the most self-centred organisation that don't give an inch to the economic welfare of a country

How are we meant to grow our economy and get foreign investment

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