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Vol 49 No 4

Published 15th February 2008


Power crisis

The lights are going out all over Southern Africa. It is the first really big mistake in post-apartheid South Africa's economic management and one of the most far-reaching. The blame may be spread around the politicians and the state officials but it is a huge blow to the prestige of the fourth biggest power company in the world, state-owned Eskom. The power crisis is holding back economic growth as mines and factories run short of electricity and it may affect the organisation of the 2010 World Cup football tournament.

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