Matt Sharratt: The real cost to GDP of Eskom’s load shedding

Joining Alec and Gugu from the CNBC Cape Town studios is Bank of America, Merrill Lynch economist Matt Sharratt. In this interview, Matt identifies the main speculative risks to the growth of the South African economy as being labour strikes, wage negotiations and the ever-present load shedding debacle.


Eskom implements rolling power outages

Eskom does have financial issues. It is true that we are having financial crunch and we are currently in discussion with government to get us out of this financial difficulty