Today's Big Stories

Load shedding is the biggest cost to SA economy

It has emerged that load shedding is costing South Africa billions or Rands. According to the Star newspaper, the Department of Planning, Monitoring and Evaluation has suggested that loadshedding is costing South Africa as much as R11 Billion a month - mainly from the damage to machinery, equipment and labour, this amount excludes investor confidence.

According to economist, Ted Blom the loadshedding cost of R11 Billion that government has produced is 'conservative'. He says that in his view the number should be double that amount because of lack of energy and massive price increase of energy - which are not included in the presented R11 Billion.

Listen to the full conversation below:


Recommended

by NEWSROOM AI
Read More
Veterans and ANC not on same page about terms of consultative conference

Veterans and ANC not on same page about terms of consultative conference

ANC vets want civil society groups present at the consultative conference, which they want held separately from another meeting.

Top SABC journos applauded for brave testimony

Top SABC journos applauded for brave testimony

EWN's Gaye Davis summarises the evidence of the SABC journalists who appeared before the ad hoc committee in Parliament.

If you're gona be a hero (and smash a car window), make sure you can prove harm

If you're gona be a hero (and smash a car window), make sure you can prove harm

A criminal lawyer explains what leg citizens can stand on if they witness a child or pet locked in a vehicle in risky conditions.

SABC 'in contempt of court' if Motsoeneng reports for duty, says DA

SABC 'in contempt of court' if Motsoeneng reports for duty, says DA

The DA's James Selfe says it is not clear whether SABC's Hlaudi Motsoeneng will be either fired or suspended pending an inquiry.

Tweeps throw shade as court shows Motsoeneng the door

Tweeps throw shade as court shows Motsoeneng the door

A judge has ruled that Hlaudi Motsoeneng should not hold any position at the SABC and Twitter has wasted no time reacting.

Why family traditions matter

Why family traditions matter

Whether it's breaking bread or celebrating through song and dance, family rituals and traditions can create a sense of belonging.

Popular articles
Make money with farming (no land or dirty hands required)

Make money with farming (no land or dirty hands required)

Interested in farming as a "Hassel-free" side-hustle? The Money Show’s Bruce Whitfield interviews Grant Field, CEO at Fed Group.

How to start your own business (by a guy who started his with almost no money)

How to start your own business (by a guy who started his with almost no money)

The Money Show’s Bruce Whitfield interviews NicHarry founder Nic Haralambous.

Bosasa's Angelo Agrizzi's shocking evidence at state capture commission

Bosasa's Angelo Agrizzi's shocking evidence at state capture commission

Agrizzi has revealed evidence which implicates former SAA chairperson Dudu Myeni in state capture.

Manyi: ATM is bigger than the ANC and we're gunning to govern

Manyi: ATM is bigger than the ANC and we're gunning to govern

While he couldn't quote precise figures, he claims that the party's size is in excess of a million members.

[WATCH] Baby hilariously tries to eat mom's burritos

[WATCH] Baby hilariously tries to eat mom's burritos

Khabazela shares tweets and Facebook posts that have gone viral.