The declaration of a national state of disaster and the appointment of a new minister of electricity are not viable solutions to the energy crisis.
Backlogs in the country’s ports in recent years have prompted the government to provide grants of $662 million to improve infrastructure.
South Africans are demoralised by load-shedding, joblessness and corruption, says Outa.
The National Retail Federation has lowered its forecast for imports in its monthly Global Port Tracker.
December saw a softening of performance, with global demand 15.3% below 2021 levels.
Port coal handling volumes rose 160% compared to last year.
Food security hangs in the balance without immediate action on Eskom, the union warns.
The bond is listed on the International Securities Market of the London Stock Exchange.
“The policy changes necessary to end the electricity crisis do not require any special dispensation.” – John Endres.
South Africa’s negative business phase, as the SARB calculates it, is in its 110th month.
“To draw investment to Africa it is essential that the continent showcases its stability as an investment destination.” – Frans Baleni.
