SA: Eskom stops new developments

source: News24
05/03/2008 08:01 – (SA)

Johannesburg – All new construction projects countrywide that are bigger than a residential home will be blocked by Eskom for the next four to six months.

New townhouse complexes, petrol stations, factories and all other construction projects where electricity provision needs to be obtained from Eskom in advance will be delayed by up to six months.

New construction projects must obtain electricity certificates before construction can begin. Eskom will delay this process by provisionally not issuing any certificates.

Tito Zwane, a regional manager at Eskom, in charge of consumer services, disclosed the news on Tuesday during a social event with Johannesburg’s City Power for enterprises in the city. Tony Stott, a senior manager at Eskom, later confirmed this new strategy.

Limit economic growth

Mike Schussler, an economist from T-Sec, says this decision could significantly limit economic growth. “Job creation is going to [continue reading]

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