Sacci highlights economic hit of load shedding

Businesses say load shedding has become an expense.

FILE: The SA Chamber of Commerce and Industry says businesses are struggling to due load shedding. Picture: Reinart Toerien/EWN

JOHANNESBURG - The South African Chamber of Commerce and Industry (Sacci) says its members have raised concerns about unpredictable power cuts and how it will affect the economy this year.

Sacci's business confidence index rose by one point to 89.3 in January this year, the slowest start in over 18 years.

Businesses meanwhile say load shedding has become an expense and it's very difficult to work around it.

Sacci acting CEO Peggy Drodskie says this is because load shedding schedules are often inaccurate.

"It's that sort of insecurity which is causing the biggest problem. What is happening is that they are not sticking to those planned schedules and our members say it's becoming worse and worse. In fact there's no improvement."

Meanwhile, stage two load shedding has been implemented since this morning and will last until 11pm.

On Wednesday, the Democratic Alliance (DA) led by Mmusi Maimane marched to Eskom's headquarters in Johannesburg.

Maimane said it was clear the power utility had failed to deliver.

He told the crowd it was time to break Eskom's monopoly. He also accused the company of holding the country to ransom.