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Load-shedding scuppers metals and engineering investment of R2.5 billion

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While all industries have been hard hit by load-shedding, the metal and engineering industry is arguably one of the biggest casualties. The sector is projected to lose 5.3% in production this year, up from an earlier forecast of 2.2%, and companies have collectively cancelled R2.64 billion worth of investments due to the impact of power cuts. Business Day TV spoke to Tafadzwa Chibanguza, COO of the Steel & Engineering Industries Federation of Southern Africa for more insight.
27 Mar 2023 9AM English South Africa Business · Business News

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