2min chapter

Moody's Talks - Emerging Markets Decoded cover image

South Africa power cuts dim economic outlook

Moody's Talks - Emerging Markets Decoded

CHAPTER

South Africa's Worst Energy Crisis in a Decade

South Africa is grappling with its worst energy crisis in decades. The country has been experiencing unprecedented levels of load shedding this year. However, as I mentioned earlier, the situation has improved over the recent weeks. This is due to a combination of lower than expected demand and higher power generation from wind.

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