Don’t expect food or clothing prices to come down 'as companies recoup investment costs'
Retailers, heavily affected by the costs of load-shedding, may have had relief in recent weeks, which could lead to better profitability in firms that faced high diesel costs such as Pick n Pay.
While power outages above stage 10 were widely predicted, load-shedding did not reach the catastrophic levels expected, as coal power stations’ performance improved rapidly for reasons that have not been well explained by Eskom. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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