Tuesday, June 23, 2015

NEWS:Power crisis biggest risk to SA growth - IMF

Johannesburg - South Africa's power supply crisis poses the biggest obstacle to growth, while state support to ailing Eskom and increased public sector wages may weigh on public finances, the International Monetary Fund (IMF) said on Tuesday.



The global lending body singled out delays in easing electricity shortages, and to policy and regulatory uncertainties, as chief constraints to economic growth in Africa’s most developed economy.

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