Load-shedding has South Africa hemorrhaging as Eskom battles to regain stability in its fleet of power stations. President Cyril Ramaphosa says that the crisis will be coming to an end soon, with measures put in place to rectify the situation.
President Cyril Ramaphosa attempted to ease South Africa's frustration over the nation-wide power shortages, saying that an end to load-shedding will come soon.
Addressing citizens during his Human Rights Day speech, Ramaphosa confirmed that measures have been put in place to rectify the situation:
“We will overcome this electricity crisis that is engulfing our country at this moment. We will overcome it just as we overcame the apartheid challenge.”
Briefly.co.za reported earlier today that Eskom CEO, Phakamani Hadebe, confirmed that the Medupi and Kusile power stations were the entity's greatest challenge, producing less than half the megawatts that they should.
Relief may be coming soon in the form of a BRICS loan, granting Eskom R11 billion to repair issues at the two power stations.
However, according to Eyewitness News, the severe power cuts are expected to drop South Africa's GDP growth by 0.3 points, with more damage to come.
Eskom supplies 90% of the electricity that South Africans use, but has currently been suffering power shortages resulting in stage 4 load-shedding.
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