What Happened: South African electricity monopoly Eskom has announced power outages related to renewed load shedding that will last until at least March 17, Bloomberg reported March 14.
Why It Matters: Increasing problems with South Africa's electricity grid are complicating the government's ability to fix long-standing issues in ensuring a reliable power supply. The latest round of temporary blackouts will significantly affect businesses and households across the country.
Background: The administration of South African President Cyril Ramaphosa has sought to tackle various problems with Eskom's performance as the company is suffering from years of mismanagement and corruption. The firm's struggles continue to impact South Africa's power grid, leading to disruptions in the country's electricity supply.