Home
FacebookTwitterSearchMenu
  • Subscribe
  • Subscribe
  • News
  • Features
  • Knowledge Library
  • Columns
  • Customs
  • Jobs
  • Directory
  • FX Rates
  • Contact us
    • Contact us
    • About Us
    • Advertise
    • Send us news
    • Editorial Guidelines
Africa
Economy
Employment

Gauteng businesses lose eight hours of work due to blackouts

22 Sep 2022 - by Lyse Comins
0 Comments

Share

  • Facebook
  • Twitter
  • Google+
  • LinkedIn
  • E-mail
  • Print

Gauteng Premier David Makhura and independent power producers (IPPs) must step up to rescue the province from the relentless bouts of loadshedding that are hammering business productivity.

This was the call by Patrick Atkinson, Democratic Alliance spokesperson for finance and e-government in Gauteng as Stages 6 and 5 loadshedding enveloped the province along with the rest of the country this week. Atkinson said the loadshedding was causing severe financial losses to businesses and could eventually lead to job losses as trade activity and revenues declined.

He called for Makhura and provincial leaders to engage with independent power producers in the province to help find a lasting solution.

“The Gauteng government must go against the grain as set by the failing national government and do all that it can to ensure that we save jobs and ignite new energy into the economy, by providing uninterrupted, reliable electricity to residents and businesses,” Atkinson said.

“Many businesses in Gauteng are suffering major financial losses because of the latest round of rolling blackouts implemented by Eskom across the country. Currently, stage 5 load-shedding is under way, which means that some businesses will be without electricity for at least eight hours a day. This is a full work day, which means that businesses are only able to trade for a few hours at a time,” Atkinson said.

He said the current number of 2 515 000 unemployed Gauteng residents was expected to increase by the end of the year because of load-shedding.

“According to some businesses the DA interacted with this week, they have lost about a third of their revenue, which is not enough for them to be profitable over the last four days alone.  No electricity means no trade, which in turn means that businesses are unable to break even so that they can at least pay their employees’ salaries on time. If the current electricity situation continues, both big and small businesses may be forced to retrench staff in a bid to keep their heads above water,” said Atkinson.

He said the only solution was a political will to decrease the province’s reliance on Eskom by making use of IPPs.

President Cyril Ramaphosa earlier cut his working trips to the United States and the United Kingdom short to return home to deal with the country’s energy crisis.

Sign up to our mailing list and get daily news headlines and weekly features directly to your inbox free.
Subscribe to receive print copies of Freight News Features to your door.

Gemini consistently more punctual – Sea-Intelligence

Sea Freight

The platform reports Gemini’s all arrivals (AA) rate for the first quarter of 2025 as 90.3% and 85.7% for trade.

07 May 2025
0 Comments

US holds fire on Red Sea rebels after Oman-brokered talks

Sea Freight

The Houthis reportedly informed the US administration that they “don’t want to fight anymore."

07 May 2025
0 Comments

Feri certificate provider expands services westward

Logistics

Dornay Swartz, projects manager at Africa Union Cargo Namibia, says work in the DRC paved the company’s way in West Africa. 

06 May 2025
0 Comments

Proactive prevention is a win-win

Logistics

Siva Pather, managing director of Land and Sea Risk, says the real challenge extended far beyond the criminal incidents.

06 May 2025
0 Comments

Salvage tug sails to Maersk ship adrift in Atlantic

Sea Freight

The stricken vessel will be adrift for two weeks by the time salvage help arrives.

06 May 2025
0 Comments

Mozambique resumes road toll fees

Africa

The country has reduced rates nationwide with the exception of charges for commercial operators.

06 May 2025
0 Comments

Fuel prices set to drop

Economy

Global economic recession concerns and an oversupply of crude oil are placing pressure on prices.

06 May 2025
0 Comments

Driverless truck developer hits the highway

Road/Rail Freight

Aurora CE Chris Urmson said he travelled in the back seat during the inaugural journey.

06 May 2025
0 Comments

Weak SA economy, not Namibian imports, causes low meat prices

Economy

The challenge is that demand for the product has slowed, with almost 1.2m fewer carcasses sold locally in 2023 than in 2016.

06 May 2025
0 Comments

South Africa’s citrus export season gets under way

Imports and Exports

Growers forecast a rise in demand despite US tariff uncertainty and ongoing EU phytosanitary barriers.

05 May 2025
0 Comments

Thriving agri-sector pushes up tractor imports

Imports and Exports

No duties apply because we can't place import duties on equipment we don't produce. – Wandile Sihlobo.

05 May 2025
0 Comments

Carriers face capacity planning nightmare

Air Freight

The de minimis change is going to disrupt the market, and we’ll see its impact this month. – Xeneta.

05 May 2025
0 Comments
  • More

FeatureClick to view

The Cape 16 May 2025

Border Beat

The N4 Maputo Corridor crossing – congestion, crime and potholes
12 May 2025
Fuel-crime curbing causes tanker build-up at Moz border
08 May 2025
Border police turn the tide on illegal crossings
29 Apr 2025
More

Featured Jobs

New

Multimodal Controller - Sea and Air Imports and Exports (West Rand)

Tiger Recruitment
West Rand - Roodepoort
19 May
New

Sales & Operations Coordinator

Lee Botti & Associates
Durban
19 May
More Jobs
  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us