Load shedding is a real problem in the developing and emerging markets and takes a big hit on the economy. It is affecting the GDP economic growth and is costing small businesses and corporations billions a year
For example, in South Africa where load shedding has become a reality since December 2014, it has already impacted the economy and the economy will only grow by 2%, down from an economic growth forecast of 2.3%. Load shedding has had a big effect on the manufacturing industry where manufacturing production was affected more than any other factor, because of the decline in business activity
