S.Africa's Ramaphosa says economic recovery has stalled due to power shortages

S.Africa's Ramaphosa says economic recovery has stalled due to power shortages
Representative image Image Credit: Twitter(@SAgovnews)
  • Country:
  • South Africa

The recovery of South Africa's economy has stalled due to persistent power shortages, while several state-owned enterprises are in distress, President Cyril Ramaphosa said on Thursday.

In a state of the nation address, which was delayed after disruptions from the opposition Economic Freedom Fighters, Ramaphosa also said public finances were under severe pressure.

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