Thousands of jobs on the line as Gauteng businesses lose a third of their revenue during load-shedding
22 September 2022
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 underway, which means that some businesses will be without electricity for at least 8 hours a day. This is a full workday, which means that businesses are only able to trade for a few hours at a time.
There are at least 2 515 000 unemployed Gauteng residents, and this number is 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.