02 April 2020
The economy’s descent into recession has added pressure on the government to throw a lifeline to businesses constrained by Eskom’s load shedding.
Moody’s has forecast GDP growth of 0.7% in 2020, down from a previous forecast of 1.5% growth, partly due to the negative impact of widespread power cuts on the manufacturing and mining sectors.
The current onset of the COVID-19 pandemic, is a further shock that the economy will have to overcome.
So, what is the government doing to plot a way out of the energy crisis throttling economic growth? Read more here