3min chapter

Moody's Talks - Emerging Markets Decoded cover image

South Africa power cuts dim economic outlook

Moody's Talks - Emerging Markets Decoded

CHAPTER

Introduction

The energy crisis in South Africa has been one of the biggest stories this year on the African continent. After years of underinvestment in the power grid, South Africa is experiencing almost daily power cuts which has really impacted economic growth. The government hopes that it can deliver a restoration of electricity production capacity in 2023 with a knock-on boost to both growth and the country's trade balance. Moody's will not be liable for losses arising from your use of the information. By downloading or listening to this podcast, you are agreeing to Moody's legal terms and conditions found at Moody's website slash disclaimer.

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