Loadshedding and the hit to South Africa’s economy

If past experience is anything to go by, deepening electricity supply cuts in South Africa are likely to deal a heavy blow to activity in energy-intensive sectors such as mining and manufacturing. Even if loadshedding is scaled back in the coming weeks, efforts to overhaul the country’s energy infrastructure will take time and persistent power problems will remain a perennial headwind to economic growth. EM Drop-In (Thurs, 7^th July): Join our economists for their regular monthly briefing on the hot stories in EMs – and those that aren’t getting the attention they deserve. In this 20-minute session, topics will include the outlook for EM FX markets after the recent sell-offs. Register now.