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COMPANIES are being pummelled by the costs they are incurring amid power outages. Some have been forced to lower their growth outlooks.
A slowing economy means consumers have less money to spend and businesses have fewer sales.
JSE-listed company financial statements and trading updates reflect the millions and billions spent on diesel, hiking their costs, as firms lose thousands of hours, and counting.
Nedbank noted said the economy enjoyed only two days without load shedding in the