BrunGa
Active member
No Power, No Growth: South Africa's daily struggles with power cuts South Africa's economy is at risk of going off the grid as recurring power cuts wreak havoc on the country's businesses and households. Alongside this energy crisis, the nation's central bank is sounding the alarm over potential threats to financial stability. These concerns stem from capital outflows and the possibility of sanctions due to South Africa's stance on Russia's invasion of Ukraine. Joining us from Johannesburg is Azar Jammine, the Director and Chief Economist of Econometrix (Pty) Ltd, the leading independent economic research consultancy in the country.