BMI View: South Africa’s heading for a short-term power crunch, one that is going to have a negative impact on key industries as Eskom cuts off, or reduces, their electricity supply as part of a series of planned outages. The problems stem from South Africa’s ageing power infrastructure. Typically, Eskom has held off on maintenance works during the winter months because domestic demand increases. However, in April 2013 Eskom announced that it could not put off improvements any longer – claiming that almost two-thirds of its power stations are past the half-way point of their operating lives – and it …
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