DStv Channel 403 Saturday, 16 November 2024

Restore the Power Grid | Power cuts hamper economic growth

JOHANNESBURG - The economic growth outlook for South Africa is looking less than rosy as higher stages of power cuts continue.

The Bureau for Economic Research says the true impact of power cuts will be seen later this year.

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However, for now, with the available first-quarter data, South Africa is not heading for a recession.

The latest GDP data from Statistics South Africa will be released in June.

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