Load shedding hits businesses – and jobs

THE never-ending load shedding is having a devastating impact on businesses in SA, epecially Durban.

As businesses struggle to keep their doors open, the frequent power cuts have led to significant financial losses. Customers cannot access services or products, and this dire situation has led to many companies closing down, leaving thousands unemployed.

The situation is especially serious in Durban, with many businesses in the CBD and surrounds struggling to keep up with the power cuts, resulting in high operational costs, forcing businesses to invest in alternative power sources. Load shedding is also forcing up the price of commodities and people are finding the cost of living unbearable.

I’ve learnt that Independent Newspapers were unable to print their papers on time because of load shedding . The loss of revenue cannot be replaced. If this continues, hundreds of employees risk losing their jobs.

It is high time ethekwini Municipality intervenes. Possible suggestions could include working with the local power supplier to ensure a stable supply. The municipality could also invest in solar panels. The impact of load shedding on businesses is dire. If nothing is done, many more businesses may have to lose their doors. More unemployed ratepayers means fewer will contribute to the municipality’s coffers.

The government and municipality need to take action. Business leaders, politicians, civic bodies and NGOS need to ensure business gets a lifeline.

VISVIN REDDY | ADEC Leader Windermere