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Assessing and promoting civil and minority rights in South Africa.

[Source: Moneyweb by James-Brent Styan.]

Load shedding costs the South African economy at least R2.1 billion per day.

The actual amount is probably much higher as this figure was calculated back in 2007/8 when load shedding was rolled out for 23 days. At the time, energy regulator Nersa determined the cost of not supplying electricity in South Africa to be R75 per kilowatt hour (kWh).

Economists estimate that the South African economy could have been 10% larger by the end of 2014 if it had not been for crippling power shortages. That 10% translated to more than R300 billion ‒ or more than one million job opportunities ‒ lost.

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South Africa at a Glance
57 700 000 (mid 2018 estimate)
4.5% y/y in May 2019 (CPI) & +6.4 y/y in May 2019 (PPI)
-3.2% q/q (1st quarter of 2019)
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