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Energy expert Ted Blom says SA could move to Stage 4 load shedding soon.

(Bloomberg) -- South Africa’s struggling power utility Eskom Holdings SOC Ltd. will cut power supplies nationwide until Friday after more breakdowns at some of its facilities.

We aren’t kidding when we say Eskom is utterly screwed at the moment. High winter demand, frequent breakdowns, and a crumbling set of power plants have put the electricity grid in a very vulnerable position. We’ve already had Stage 2 load shedding this week, but the severity of these outages could more than DOUBLE in the next few days. Is Stage 4 load shedding coming this week? Ted Blom is a very familiar name to those who know a thing or two about Eskom. The independent energy expert has made a series of bleak predictions about the utility that have come true over the years – repeating...

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As South Africans are plunged into a renewed round of power cuts The Money Show interviews Peter Attard Montalto (Intellidex).