Wednesday, November 30, 2022
HomeNewsAfricaTen facts about South Africa’s perennial power crisis

Ten facts about South Africa’s perennial power crisis

Eskom’s new board was scheduled to convene for the first time this week to dissect the utility’s strategy, chairperson Mpho Makwana told legislators in late October. South Africa is living through the worst load-shedding on record this year. We break down 10 things you should know about the current crisis.

The board has much to ponder, including the looming threat of the Johannesburg Stock Exchange (JSE) suspending the listing of Eskom’s debt securities. This is after the company failed to submit its financial statements within a seven-month window.

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