WORRYING DEVELOPMENTS

5th April 2019 By: Darlene Creamer

WORRYING DEVELOPMENTS

All South Africans were understandably frustrated and angry when Eskom resumed load-shedding in mid-March. Rotational power cuts have a devastating impact on the psychology of the nation and on investor confidence. Another trend as disturbing – construction-site violence – is going almost unnoticed by comparison. A number of construction sites have been affected and there is much talk of the emergence of mafialike groups seeking to muscle their way into contracts. South Africa needs to get a handle on the problem and soon, as it could seriously undermine prospects for future investment.