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In the Dark

In the Dark
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摘要 PLANNED rolling power cuts over the next few months and the threat of a total grid collapse will make 2015 a testing year for South Africa. This is hot on the heels of a painful 2014 for Africa's second largest economy, which included the longest and costliest labor-employer dispute to date. stripping the country of almost S2.95 billion in revenues and worker wages in the platinum sector in the first and second quarters. This saw spillovers to many industries supplying the mining industry. A one-month violent strike by more than 200.000 metalworkers further crippled the economic outlook, disrupting production in the steel and auto sectors, as well as construction activity at overdue coal-fired power plant sites Medupi and Kusile, PLANNED rolling power cuts over the next few months and the threat of a total grid collapse will make 2015 a testing year for South Africa. This is hot on the heels of a painful 2014 for Africa's second largest economy, which included the longest and costliest labor-employer dispute to date. stripping the country of almost S2.95 billion in revenues and worker wages in the platinum sector in the first and second quarters. This saw spillovers to many industries supplying the mining industry. A one-month violent strike by more than 200.000 metalworkers further crippled the economic outlook, disrupting production in the steel and auto sectors, as well as construction activity at overdue coal-fired power plant sites Medupi and Kusile,
机构地区 Frontier Advisory
出处 《ChinAfrica》 2015年第3期34-34,共1页 中国与非洲(英文版)
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