Load shedding continues to constrain the manufacturing sector

Electricity supply disruptions not only directly weigh on production and capacity, and hurt profitability due to the costs associated with load shedding mitigation measures (such as diesel generators), but also negatively impact sentiment,” said Justin Schmidt, Head of Manufacturing Sector at Absa Relationship Banking. “With confidence levels remaining at the same very low levels seen in the first quarter, the effects of load shedding are visible across manufacturingsubsectors.