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S.Africa Says Power Cuts Cost Economy Up To $6.8 Bln/Month

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Electricity cuts by South Africa’s ailing power utility Eskom cost the economy between $1.7 billion and $6.8 billion a month, according to a presentation by the department of public enterprises to parliament on Wednesday.

“Load shedding between stages 1 and 3 costs the economy anywhere between 20 billion rand ($1.69 billion) to 80 billion rand per month,” the presentation said.



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