The Cape Chamber of
Commerce on Friday said the impact of load shedding
has been gravely underestimated as many industries are suffering massive
financial losses.
On Thursday, cabinet announced a turnaround
strategy for Eskom, involving a war room, a five-point plan and the
participation of the private sector.
Chairman of the Chamber’s Industrial focus
portfolio committee Peter Haylett said we are in a crisis situation where
industry simply cannot be without power.
Haylett added that production comes to a standstill and industry working on
very tight time constraints and late delivery of an order, even by half an hour
is costing between R500 000 and R1 000 000.
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