SA is deindustrialising and Eskom is part of the problem, says Nersa member | Fin24

SA is deindustrialising and Eskom is part of the problem, says Nersa member | Fin24

Nersa’s Nhlanhla Gumede said a decline in electricity demand among electricity reliant industries shows power costs were still at the centre of South Africa’s economic troubles.Stats SA’s report says the mining and quarrying industry decreased by 21.5% in the first quarter while the manufacturing industry contracted by 8.5% over the same period.Stats SA released GDP…

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