Local businesses in South Africa are suffering economically due to the continuous load shedding. This is in addition to the already difficult two and a half years they have faced since the Covid-19 pandemic. The food industry is experiencing increased costs with household food inflation at 9% and an estimated 46% of the population receiving grants.
The City of Cape Town is working on a three-phase procurement plan to provide protection from the first four stages of Eskom’s loadshedding within three years.
This includes procuring renewable energy, paying residents incentives for voluntary energy savings, and launching a dispatchable energy tender expected to yield around 500 MW for the grid.
What you can do:
- Research alternative energy sources to reduce reliance on Eskom.
- Investigate ways to reduce energy consumption in your business.
- Reach out to local government to learn more about their loadshedding protection plans.